SNDL is ready to go upNice consolidation and steady growth, forming big cup. Gonna test around 2.10$ and small pull back will create a nice cup and handle formation. Potential to test 4$ soon. Longby tengis0621117
SNDL imminent short-squeezeMy previous technical annalysis for SNDL still intact. SNDL is outperforming other pot stocks such as TLRY and APHA with a HUGE volume (300M) equal to about 3x the 10 MA, and about 10x the volume from TLRY and APHA, representing a 30% of SNDL market cap. Volatility is extreme, I anticipate a high chance tomorrow will open gapping in green and final short-squeeze is very close, I aim to TP2 probably happening between Wednesday and Thursday. Make sure to take profits in between and most importantly, set stop loss! EDIT : Volume already 450M+ !Longby al3jandrus6
$4 next stopSuper undervalued for the space it's in, once volume blows up we will rocket past $4 please manage your positions correctly as this isn't certain Longby FrenzyTrade8
SNDL Earnings this week. SNDL has been one that hasnt seen alot of action except for that big red candle which reached a 52 week high of 4 dollars. MACD is looking like its closing red and ready to turn green, while the RSI is steady for now. Earnings will be interesting to see what the company has in terms of plans for the future, and how they have been performing. Keep in mind any bad earnings report and this stock will fall below 1 dollar. But if earnings are positive we can see it go back to prior highs or reach new highs. Longby Dc13922212
SNDL 03/14/21 There is a natural mystic blowing through the air - Bob Marley Bought in @ 1.42 hopefully looking $2.82 Based of the hype that's going on with this stock. Longby Modz_Club11
SNDL - Inverse Head & Shoulders + Key Levels-Here, I labeled two key levels for SNDL -An inverse head and shoulders pattern is somewhat clearly shown. (Very Bullish) -My target price is $2+Longby Jhix17225
Weed Stocks SurgingComparing top marijuana stocks in the market right now. Including catalysts and price targets by ERGod6
SNDL... breakout or bust?SNDL has had resistance of 1.37 for two days now Support at 1.21 Not enough chart information.. could go up or downby youenviUpdated 223
SMILE AT SNDL :-)"Proponents of legalizing recreational marijuana suggest they could pass their hot-button proposal even before the April 1 deadline." 03/12 www.cityandstateny.com ______ No financial advise Just pure fun!Longby Lana_883
SNDL Sun dial -Canadian cannabis company What does Sundial Offer? -CBD -Cannabis Process of creation for Sundial Products - Self created environment -computer monitored growth - strict climate and monitorization Company motto “ Safe and consistent cannabis” -experienced growers -researchers -Quality assurance specialists Team consists of companies industry leaders Kellogg's, general mills, Molson Coors. Health and safety is always our first priority. For our customers, we have implemented quality assurance checks at every stage of production, from planting seeds to packaging shipments. For our employees, walking through the doors at Sundial every day means feeling welcome and safe, both physically and emotionally. We take personal wellness seriously—it’s part of our brand, and it is an essential part of our culture. Current market cap Enterprise value TTM - 2.36 billion 2.44 billion 2.76 Share statistics Avg Vol (3 month) 534.56m 10 day average 267.85m Outstanding shares 1.66b 2019 the marijuana industry was estimated at $13.6 billion. 15 states with legal recreational weed Alaska Arizona California Colorado District of Columbia Illinois Maine Massachusetts Michigan Montana New jersey Nevada Oregon South Dakota Vermont Washington please do your own DD, SNDL is undervalued in the current space of the Marijuana industry with states starting to pass bills to legalize the consumption. Medicinal values will add tremendous growth to the company as canabis is consumed by the elderly and people who are going thru traumatic injuries, and chemo. by FrenzyTrade335
$SNDL looking like it's making a comeback? What will happen nextI am not sure what will happen, but I really hope it skyrockets, because I YOLO'd much of my portfolio on it in order to pay for my business which is launching an app for activism to save the world. I bought $.05 call options expiring tomorrow with a strike price of $1.50. Either an excellent idea or a terrible one! Let's see! To the moon! Have fun! Good luck! Not investment adviceby primrosevergladeUpdated 9
$SNDL Sundial Growers Inc.This one is gathering some momentum. Public float is 437M shares. “ Sundial Growers Inc. engages in the production, distribution, and sale of cannabis products for the adult-use market It is also involved in the production, distribution, and sale of ornamental plants and herbs in the United Kingdom. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. Sundial Growers Inc. was incorporated in 2006 and is headquartered in Calgary, Canada. “ ... I’m going to YOLO this one for a month or more and buy the DIPS (of which it has many). When in doubt, look at a one and three month chart to see the TRUE DIRECTION of movement ~Longby Silverstone1278
SNDL ( Wall Street Bets)I want to start off by saying this opinion on SNDL is referenced to GME and other reddit stocks all related to Wall Street bets. SNDL has been extremely volatile these last six months and in my opinion will continue to be as the reddit craze continues. SNDL is still up 340% even after shedding more than 50% of its value in a month. These times have brought about many winners and losers in the market but if you look at GME which was on the verge of bankruptcy and being over shorted GME has capitalized by now reinventing themselves with new strategy in infrastructure and have appointed a new CEO for the coming times ahead. Today GME hit a high of $343 displaying again the buying power from the individual investor being able to outweigh institutional bears. This changes the dynamics of trading when it comes to these reddit stock selections as it is no longer based on fundamentals but the volume in the market that it trades at. This challenges everything we know that is based on core financial data and is what also makes these investments so risky. However this pattern of trading in Its self is what causes these short squeezes identifying the companies being over shorted or even possibly counted out on purpose. This is done long enough to expire option contracts that are heavily shorting the stock to begin with. Again not based on profitability fundamentals for the company but the ability for retail investors to buy and hold shares long enough to cause the short squeeze exactly like we have seen several times with GME in particular. I believe these methods can and will be repeated until some form of regulations occur but as I said there a lot of winners and losers in these events not just the individual investors but institutions as well. SNDL has been #1 and top 3 on volume trading over the last few months above AAPL and TSLA by a long shot even reaching past 1B in volume when SNDL's short squeezed occurred soaring it past $4 a share. Currently trading a $1.31. a share SNDL is cash heavy at the moment in the upward parts of 670 Million dollars all from recent liquidation of the recent reddit craze that caused the short squeeze allowing them to take major profits. I see this as innovative and necessary as they have been burning cash fundamentally on constant decline. However SNDL's has cleared their books recently and operate debt free with cash heavy stability also acquiring a strategic $22 million stake in (NDVAF) a cannabis infused edible company that is poised to profit from the edibles market that could exceed $11.5B by 2025. SNDL has its earnings date set for March 17th 2021 to announce full year and quarter four of 2020 which will be negative but I believe the discussions for the cash heavy company to make acquisitions and further adjustments to capitalize off the recent spike in share price. Something else notable is that currently there is a unusual options activity alert for SNDL at a strike price of $0.50 with an expiration date of 2021-03-19 my assessment is that bears are looking to profit off the fundamental reason this company should correct because the profitability is just not there on the books. This leads back to my point Reddit stock selections and Wall Street bets are always trading at retail value and will continue to purchase the ask price as this apart of the method for the short squeeze to occur. Essentially this is a stock war and only the ones with the stomach for this will profit from this but this is definitely something to consider when It comes to identifying the short squeeze before it occurs. I am long in this because I believe the company has the capital to sustain them selfs for years to come and will make necessary adjustments and acquisitions to gain profitability. Also a big X factor is new legislation being passed in the United States and with more traction and awareness then ever the path to legality for recreational marijuana is not far off and in many deciding states is already a reality. With this will come a boom inside the cannabis industry as we have already witnessed in recent events and will continue to unfold in the near future. *Disclaimer This is not financial advice Longby MarketChancellor5510
SNDL (NASDAQ) - Potential to BullishGreetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader. Strategy - Please care for Money Management - Have a good psychology - Do not be hurry to open position - Evaluate and upgrade your trading plan SNDL (NASDAQ) - Potential to BullishLongby MultiAssetX7
SNDL: Target hit! What's next?Hello traders and investors! Ok, SNDL did exactly what was supposed to do since my last analysis, which is great. Let’s see the scenarios we can work with from now. First, in the 1h chart, SNDL lost the support level at $ 1.32, which was an important key point for the short-term, and it sought its lower support, at $ 0.95, as we discussed in our previous analysis. If you missed my last analysis, which was public, the link to it is below, as usual. But SNDL didn’t only hit the $ 0.95, but it did an amazing bullish candlestick pattern in this support area, called Tweezers Bottom . This was a clear buy sign, and what’s more, it is now doing higher highs/ higher lows in the 1h chart, and it did a bullish pivot when it defeated the $ 1.22. The price is above the 21 ema (which is pointing up), and everything tells me we are in a short-term bull trend . Pullbacks to the 21 ema are expected, and shouldn't be enough to make you panic. Let’s see the daily chart for more clues: The Tweezers Bottom in the 1h chart made this Hammer candlestick pattern in the daily chart, just above the $ 0.95, reinforcing our idea that this was a very important Key Point. Also, it was not by chance that I saw the $ 0.95 as a support level. As we discussed in my last analysis, this point was previously a resistance on Dec 2020, and according to the Principle of Polarity, it was supposed to work as a support next. The market has memory, and it always remembers its key points. Now, the next target is the $ 1.64, but as long as we don’t see a very powerful candlestick pattern, with a good volume , the movements on SNDL are going to be slow and boring. And if you liked this analysis, remember to follow me to keep in touch with my daily studies, and support this idea with your like if it helped! The link to my previous analysis is below. Thank you very much!by Nathan_Black8826
We got an SNDL WigglerA lot of recent price fluctuations to as before and small candle sticks and long wicks. I'm looking to close a position around the 3 dollar mark which we may see next week. Who knows!!by MarketMakerMatt224
SNDL: SUNDIAL waits for an attention!While whole attention is on Nasdaq and Bond Yields, SNDL lost its momentum and actually got close to 0. While Volume stays at above 100 million, lack of momentum and low volatility (ATR) keeps SNDL form rising. If SNDL has some fuel left to rise, in our opinion it will happen parallel with NASDAQ's rise. Nasdaq and whole market needs to get back to normal for people to get their attention back to SNDL. This is our personal opinion and please don't hesitate to share your ideas with us!by caldooninvestment272719
SNDL - a leap option ideaThis trade has two legs. The chart is ugly. Sell a cash secured January 2023 $4 strike leap and collect $3.40. Use the cash to buy GGN at the current $3.40 ask and collect 22 monthly 3 cent per share dividends and reinvest the dividends in GGN. Assuming GGN continues to pay the 3 cent per share per month dividend for the next 22 months the stock is essentially free at any price. this is the primary risk factor in this two way trade. GGN trades upwards dramatically on Mid Eastern oil concerns. trading up to $4.20 last year when the Iranian General was killed. It is very liquid. The caveat is to watch the November anticipated 2022 distribution declaration. It is wise to be out for a brief period anticipating the declaration. The dividend is declared for the next three months and is anticipated to be the same for the remaindefrf of the year. Assuming the 10% plus dividend on the cash received and the cash securing the put the stock when put to the put seller at any price is essentially free. SNDL has the cash on hand from the recent secondary offering of $74.5 million to survive two years at the current burn rate. In addition, there were warrants in the secondary offering. An acquirer logically would own these warrants as an entry point for a potential buyout iin a fast consolidating industry. If bankrupt in two years the common would logically trade OTCBB at the usual 25 cents for additional downside protection. Athis is an oil gold volatility hedge combined with a potential buyout opportunity with the stated risks. SLongby Spotshooter1983Updated 2