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.
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...
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...
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...
Besides an estimated $540 million in sales in 2022, up from an estimated $50.5 million this year, 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. My Q1 price target is $1.7
Wall Street has Sundial pegged to bring in almost $540 million in sales in 2022, up from an estimated $50.5 million this year. They are also buying Alcanna in a stock deal. The board of directors of Alcanna unanimously recommends Alcanna Shareholders vote “FOR” the Arrangement Resolution. The Special Meeting of Alcanna Shareholders is postponed to January 7,...
I like SNDL at .50c but I'd love to buy sub .40c that be a great entry into 2022 MJ sector will be on fire next year IMO
Sundial announced last week a share repurchase program! Program will commence on November 19, 2021 and expire on November 19, 2022. Sundial Growers can purchase a maximum of 102.8 million shares, representing approximately 5% of the company's issued and outstanding shares. Last month, Sundial announced the purchase of retail company Alcanna, which operates 171...
Anyone been following SNDL is a true believer. After massive losses for months, the conditions are ripe for a short squeeze. Very favorable earnings report, 300 mil shorts, lots of upside. This is a no brainer my fellow apes.
With the legalization of cannabis in more states in the USA, this stock is going to the moon. I anticipate that we will reach the high target of this channel which is about at least $14 in the middle of Feb 2022.
min %60 in 4-5 days, the most bullish chart i ever seen, all in ahha, breakout --> pullback, harmonic, found deep
⚠️ This idea is based on my technical analysis only. Do your research and trade on your own risk!
SNDL Sundial, beside being considered a meme stock, it was a top volume asset in the last few months. SNDL Sundial stock has an Avg. Volume of $206,286,369 Yesterday Volume was $102,632,702 Due to this fact and the increase demand in the cannabis industry, my price target is 1.25usd resistance. But if we use the Fibonacci extension tool, we will see a 2.8usd...
SNDL in his way to the target. It may takes time. remember there is no stock that go straight up. (((patience)))!
Sundial Growers Inc (NASDAQ:SNDL) needs to take out $1.04 The break of the key resistance line with heavy volume should be the next buy point. Daily technical indicators are looking bullish. The MACD is rising above its signal line and the RSI has moved above its 60% level. Plus, the volume is trending upward over the past couple days. If 1.04 gets breached, SNDL...