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...
Sundial growers gaining strength coming off the lows. This is an open trade setup, but it seems to be getting some legs here, and id like to reiterate the potential for massive upside. First major zone upward is about 2x from here.
This looks prime to take off after or before earnings. we need to bounce from the yellow X and see all past resistance become support.
This could all be made possible by next earnings.
Watch and good luck.
Not Financial Advice.
We have Bullish Divergence on the weekly and may be setting up to challenge a long established Downtrend line; If we break above it we are likely to see a sharp move up to the 100-161.8% Fibonacci Retracements.
Is this actually getting set up for a big move?!? Last time we controls 61cwnts on a weekly clos we rallyed up to 96cents. We also expirecened a weekly bullish macd cross recently. I would be buying this as we could be set up big time. 61cents is a big suppor and 70cents is our key resiatnce… bullish until proven otherwise
After receiving 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.
We are still waiting for the Alcanna deal to be announced.
That should be an important...
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...
Looking at the SNDL Mar 18 2022 .5 Call, bulls will try to get this up to $1 to keep it listed by then. Also, there next earnings is aroung March 15, 2022. Things should get interesting with this call. I got a couple hundred contracts.
Not a financial advisor.
SNDL has been dragging along in the market. It needs to reach compliance - with the markets shifting green we could very well see the much awaited spark here.
3 white soldiers reversal up will solidify that run. It would certainly attract more investors.
This is a high risk play - But one I'm willing to make.
Momentum is shifting...
SNDL Sundial stock is oversold at the December 2020 support price level.
looking at the chart, the upside is $1.4 by the end of Q2.
Sundial has a pending purchase of Canadian liquor retailer Alcanna .
Alcanna owns a majority stake in Nova Cannabis, a cannabis retail chain.
I think Sundial positions itself as one of the major cannabis players of 2022.
Looking...
Hello guys.
Here is my TA for SNDL atm.
Due to market conditions as of now, I feel there is further retracement to be made. Short sellers know there is plenty of retail in this stock, and day by day their moral is being destroyed.
Taking a look at this chart, heres what happened
We have been in a falling wedge for quite some time, and as you can see once we...
Bought the dip at .50 .45 .40 now waiting for compliance.
They have 10 days for an extension, a reverse split, or a buyback to get above 1$. i am straddled and positioned for whatever they do. i am accumulating and will be on this stock forever.
they have profit, 500m in the capital, and just bought alcanna outright.
little to no debt, (only for typical...
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...
