SNDL is maybe going to touch a new support line! Im thinking its more realistic for sndl to touch 0.6$ and then take off huge!
Hello Trader, good mood and profitable trades ! As you can see on the chart, SNDL forming a bullisht chartpattern !! MACD : divergence an d bullish cross RSI and STOCH: bullish divergence TRIGGER: breakout whit confirmation on LTF or bullback Fib bretracemant act as targets SL if price falling back in the pattern under 0.618 , or under 1d ma20 ! Remember...
Sector rotation is real and cannabis has been off the radar for a long time. I can feel it in my bones. Even if the cannabis stocks sell off with the broader market, they will most likely outperform on the upside. Also did I mention the breakout and retest on the rsi + the divergence after all that. I'm curious how the whole dang thing looks kinda like a reverse...
TICKER CODE: SNDL Company Name: Sundial Growers Inc. Industry: Healthcare | Drug Manufacturers - Specialty & Generic | Canada Position Proposed: BUY Technical Analysis 1. Large Head & Shoulders 2. Fibonacci Retracement at 0.786 (Silver Zone) 3. Falling Wedge Completed 4. 1st Take Profit will hit the key Impulse of the massive sell Entry: Now Ready...
SNDL is more closer to the floor now! Im buying more at 0.65$ , 0.6$.
perfect time to jump in Sndl stock. This stock is one of cheapest long term stock in cannabis market that is really undervalued right now. Maybe it will go a little bit more down but in compare the huge opportunity it worth to buy in these prices.
looking for SNDL here to tap around .81-.83c for a bottom. I will be buying some here.
Technical Analysis 1. Large Head & Shoulders 2. Fibonacci Retracement at 0.618 (Golden Zone) 3. Pennant/Falling Wedge 4. 1st Take Profit will hit the key Impulse of the massive sell (Some resting sell orders will be there hence pushing the price down which would create a breakout and retest of Head & Shoulders formation) - Note that the 1st Take Profit Level is...
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Possible Entry or Short for SNDL Variables to consider are listed on chart, I am not a financial advisor, just a man with ideas.
-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+
SNDL has more room going down and making the short sellers richer
- Inverse Head and Shoulder Forming - 50 EMA cross over 200 EMA on the daily chart (Bullish) - Oversold (Under 20 on Stochastic Indicator on the daily chart) - PT of $2 by next week I'm not a financial advisor and this is purely my technical analysis on it.
SNDL let's jump in! Technicals : 1. Stock had a motive wave – we can see its not an impulse wave but a regular motive because the stock doesn’t fit the golden rules of impulse wave by Elliot's theory. - In the duration of 2 days the stock made a move of 231%. - RSI OVERBOUGH during the whole period - ADX way above 40 middle line – asset extremely...
stock chart review 2/11/21