SNDL - LONG (update)(update 1/7/20) - SNDL successfully climbed above our cyan resistance line and is now using it as support. SNDL tested the line as support once and did not break back under it. This gives us confidence that the uptrend momentum can now resume. We are now bullish!
Many possibilities exist in the world of technical analysis and ours could play out totally wrong, but we believe the odds are in our favor. If in the case SNDL goes down next week, the cyan line is of course our first major support. A break under that could trigger a sell to roughly $0.85. So keep em tight and ride the ride!
- HH
SNDL trade ideas
Sundial Growers - TrendlineSNDL saw a good amount of volume and increase past week. We got in last week and got out with quick profits. Although the volume that it has looks bullish the patterns that we can see in our analysis are looking bearish. If there will be a good volume and a big love to this stock then it can break the bearish patterns. But for now we put a bearish mark to this boy. We wish luck to everybody and stay safe!
great profits on a beautiful/predictable chart :)congrats to SNDL dip buyers! top trendline coming into play here, and RSI showing a short term top. I took profits last week and ill be looking to enter long again around .75-.85, longterm price target is still 2, but remember, shorts gotta eat too! it cant go straight up. goodluck as always :)
SNDL to briefly retest lows and push for new "highs"Technical traders reply on the tenant that history will repeat itself . With such severe volatility brought on by WallStreetBets, a smaller timeframe is warranted for evaluation.
SNDL will continue bullish trend despite the shorts. A quick AM dip on 2/5 will lead to a strong ask in the mid morning. Looking for ~1.45 heading into the weekend.
Could test $2 mid next week after a retrace or 2. Weed is in the cards for 2021 no doubt.
Like if you like. Not an expert - just my idea, and I take my ideas to the BANK
Good luck!
SNDL RelookA relook at this pesky trade. Wasnt as clean cut as previously hoped for lol.
We formed a couple of very extreme bearish patterns, but we may be ok. The upside will tells u if we are ok or not. Keep your eyes on it. There is also a confirmation AB=CD pattern from previous lows that helps establish a good target goal for profits as well as harmonic patterns (not shown here to keep the clutter down).
This trade is not for the noobies lol.. this could break down, but I am going to ride this out. The bearish pattern goes over 1.20- I think we may be ok. Stay tuned!
CHEERS! Please like the pattern so others may see it sooner rather than later. Thanks
SNDL Penny Stock Alert UpdatePENNY STOCK ALERT UPDATE
$SNDL - Sundial Growers Inc. - Common Shares Status Alert: Deficient
Initial Alert Price: $0.52
Price High: $1.33
% Gains/Losses: 155.77%
(+141% More Than Expected)
Potential Stop Loss: $1.2635
SNDL has fell into a strong momentum/continuation on the 1-Hr but is also showing a large gap on the Daily, so be aware of potential pullback and then a potential rebound to move forward. If it does pullback, that will be a healthy move to allow some correction in the price action and then allow the stock to continue moving higher with less risk in holding this trade.
On our last update, we suggested conducted a Split-And-Run which basically means locking half of the position to protect initial investment risks in the trade while letting your profits continue to accumulate more gains (essentially a free trade). We received some whiplash for that, but we just want our members to be aware that we are only here to make you money by providing potential trades and assisting with risk management while secure profits throughout our trades.
Future outlook for this trade would be to identify those $1.36 Price Levels and whether or not the stock can breakthrough those levels with continued momentum to the upside. The next levels of resistance reside around the $1.70s which was set back in March before the pandemic hit the markets in its entirety which the stock was already in a downward pre-COVID, so we see those $1.70s being a reliable level to expect resistance there. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
SNDL Bullish! This may be a quick and easy trade. Was eyeing it overnight. Git in early at bell opening.
I see a very teeny tiny bullish harmonic leading us to the rally point of 1.50! Could go higher, but this is a good Take profit Zone for me
Exercise caution and set your own trading goals!
CHEERS!
SNDL stock prediction this month!I buyed yesterday at 1 dolar but this stock have potential for this month to doble you-re money!
First resistence 1.20, My first price target 1.80/2 dolar!
Good suport at 1 dolar, sl 0.90.
Good entry point at 1/1.20 for long and med term!
This it's my idea, and not a financil advice!
Good luck to everyone!
SNDL about to run (Target $1.25 & $1.56) BULLISHHi folks,
After 2-2-2020 we declined over 14% which means SNDL is on the SSR list and can't be shorted.
If me manage to continue after the $1.13 it's about to get a nice green candle all the way to the $1.25 where we can check if there is any chance to beat that short position downtrend, if so I see a great future heading to $1.56 and maybe even later we will go on to $2.00.
!!!-NO FINANCIAL ADVISE-!!!