RSI and Engulfing Candle stick seem to suggest we might be heading to new monthly higher highs (expect consolidation but as long as we finish within last months candle and pass it we should see uptrend. Good luck
Not Financial Advice
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.
11/15 we might see some great gains depending on "South Carolina congresswoman to unveil federal marijuana legalization bill", a republican. If she is calling for legalization I am sure the tables have finally shifted to our side. Debt won't even be on the mind of most investors. It will be get in before the stock shoots up to its ATH.
Lets see if we can fill...
Seems like the CEO being outed is good for shareholders who have seen their $ go down the drain. Waiting for the new CEO to be named soon and depending on who it is and how earnings go. This is ready to pop
Looks like the longer this stays around 1.89-2, we will see enough buying pressure and might start seeing bulls come in. watch for a close of 2.13 but if this doesnt happen and we linger in the amount above we might just need to close above 2.04 next week
More institutional investors are joining, if this stock keeps going down I dont think it will go lower than $3. the potential for $7-8 by the end of the year is high due to their current mergers. Current rating is a buy with a 70% increase by the end of the year. I am personally doubling down and hope to bring my average to low $4. Good luck and remember to do...
1) if you look at its lowest point until this date you can see this has been bullish, even before the big spike up to $4 this was definitely making higher highs.
2) "With a near one billion in cash, there is no risk of liquidity with Sundial. The risk in holding the stock is moderate to low. " -seekingalpha.
3) Sundial has already made CA$15.7M in income from...
So this week was crazy SNDL stock was restricted on robinhood to max buy of 1200 shares then down to 5 shares. Currently you can sell as much as you want but to get in you are limited to 5 shares. I am holding because once that restriction is off I think this stock is going all out. (please do your own research also :) )