Catalyst on 16th if earnings are positive and losses on their investments from Q4 are discounted as unrealized. Entry on the 17th possibly. Another catalyst like many equities it is currently selling at a discount of it's intrinsic value.
SNDL looks to have momentum showing up on the 1hr awaiting narrative of traders rushing to buy on low barrier to entry & news surrounding the upcoming U.S. taxation proposal
Will this monster consolidation be the start of a reversal? We are approaching a key area. If this stock does reverse monster returns are to be expected in my opinion. Let’s see what happens.
SNDL finally putting in a higher low. We got that Classic Bullish divergence and now it appears SNDL has backtested weekly support as support yet again at $0.46. The chart is saying we're going to get some sort of rally. Keeping the stop loss below that previous low around $0.40 makes sense when SNDL can easily go on a 50-200% streak in the next month or two...or...
SNDL Elliot Wave analysis
Elliott Wave Theory is named after Ralph Nelson Elliott (28 July 1871 – 15 January 1948). He was an American accountant and author. Inspired by the Dow Theory and by observations found throughout nature, Elliott concluded that the movement of the stock market could be predicted by observing and identifying a repetitive pattern of...
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.
Weed stocks are having a great week so far and I don't think the fomo has kicked in yet.
SNDL is breaking out on weekly into the new channel and can squeeze higher above a dollar. I think this will continue running into month/quarter end and potentially 5-7+ dollars into Q2.
This entire sector has been beaten down for years as money has shifted into tech and...
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...
