Last time we had a laugh with the deniers and the haters. But guess what! She's going to dive again. Don't hate the player, hate the game. Goals 1.13, 0.97. Invalidation at 1.83 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation...
The merger between Sundial and Alcanna should occur on or before March 30 following an extension of an earlier agreement. This deal could send SNDL to the $1.70 resistance short term. Looking forward to read your opinion about it.
Sundial Growers Inc. engages in production and marketing of cannabis products for the adult-use market in Canada. It produces and distributes inhalable products, such as flower, pre-rolls, and vapes. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. Sundial Growers Inc. was incorporated in 2006 and is...
SNDL Sundial received an extension of 180 calendar days to regain compliance with Nasdaq's minimum $1 bid price requirement. SNDL needs to close at or above US$1.00 per share for a minimum of 10 consecutive trading days before August 8, 2022, which most likely should happen sooner. Let`s just remember how SNDL stock was trading at $3.96 one year ago around the...
SNDL Sundial stock is oversold at the December 2020 support price level. looking at the chart, the upside is $1.4 by the end of Q2. Sundial has a pending purchase of Canadian liquor retailer Alcanna . Alcanna owns a majority stake in Nova Cannabis, a cannabis retail chain. I think Sundial positions itself as one of the major cannabis players of 2022. Looking...
Sundial Growers - Short Term - We look to Sell at 0.5245 (stop at 0.5700) Previous support level of 0.5400 broken. The trend of lower highs is located at 0.6660. Previous support, now becomes resistance at 0.5400. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our...
We broke the floor with the latest candlestick. This means we are going even lower. I am taking Wave C of the latest zigzag to estimate how low, while taking conservative estimates. Anyway, picture overall for a bearish outlook here. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci...
Hi All, my main 3 take-outs from this analysis are the following: 1- 0.59$ level confirms to be a strong support and the price is reacting well from there just now. 2- Moreover, this support level represents to me the neckline of a reversal head & shoulder, which has been broken on Dec 17th with huge volumes at the opening. And it looks like the price is trying...
Hi All, my main 3 take-outs from this analysis are the following: 1- Historical movements might be repeating themselves. Look at the three blue elyptical shapes and movements.. 2- 0.6$ might be the next support from where the price might be rebouncing 3- AFter the rebounce the price might have a spike as done three times previously in the past Not a financial...
Hi All, my main 3 take-outs from this analysis are the following: 1- Price is moving as per historical recent moves 2- Price is still within the falling wedge and should see a breakout (hopefully upwards) prior getting to the apex. But it might take still some time 3- By tday and tomorrow we might possibly see a rebounce from the 0.66-0.65$ levels, as also...
Probably my most important video update so far... Let's see hw the recent months mvements might help us to understand what the next move might be. In the meantime, price is just doing what it should, meaning covering the gap. Not completed yet, but we're close to it. Not financial advice, just personal opinion and analysis
Hi All, my main 3 take-outs from this analysis are the following: 1- Price is moving within a descending wedge and a bigger trangle 2- Price has been rejected by the 200 MA and by a descending trendline resistence 3- We might see a retracement to fill in the daily gap left on Friday Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Sundial Growers Inc. engages in production and marketing of cannabis products for the adult-use market in Canada. It produces and distributes inhalable products, such as flower, pre-rolls, and vapes. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. Sundial Growers Inc. was incorporated in 2006 and is...
SNDL Sundial, beside being considered a meme stock, it was a top volume asset in the last few months. SNDL Sundial stock has an Avg. Volume of $206,286,369 Yesterday Volume was $102,632,702 Due to this fact and the increase demand in the cannabis industry, my price target is 1.25usd resistance. But if we use the Fibonacci extension tool, we will see a 2.8usd...
the final target of $SNDL is $20 but it will have negative reaction at $5 and $10. shark harmonic pattern: AB=0.38 XA BC=1.6 AB tp1=1.6 BC=0.88 XA=$5 tp2=1.13 XA=$10 tp3=2.24 BC=$20
Sundial Growers - SNDL- Long term play - Get Rich Slow! Patience. HODL?
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 0.9700 USD
If we look at the weekly chart, I identified two main reasons why I consider 0.7$ being the bottom and why I think there are good chances that we can see higher levels soon: 1- Previous week candle was a piercing line candlestick pattern, with the opening below the previous candle close and with the close above the mid-body of the previous week 2- The price is...