MEME stocki bought some calls on friday for fun, i think it could dead cat bounce from here, i dont know how high it will bounce, maybe 2.50. would not hesitate to sell below 2. and take the L. good luck
SNDL trade ideas
sundial Growers Technical AnalysisWisest Option is to hold.
Wait the end of this price retracement before buying
NASDAQ:SNDL
SNDL Bullish cross on the weeklyI've received requests for this one, and figured to take a look.
Anyone with access to seconds timeframe?
If anyone has access to seconds timeframe, please share a chart of 1 seconds of that spike down from $3.96 to $1.01. I would love to see how that looks. Please include volume.
What do I see?
Golden cross on the weekly chart, but a spike at literally INSANE volume. I can't tell where this asset is headed. It looks like a huge risk if you're not in from before. What troubles me the most, is that all the action is happening at minuscule degree, and there were no buyers when it dropped from $3.96 to $1.01. It didn't stop anywhere at all.
I have marked levels to hold and levels to break. As always, first clue of a bounce attempt, is a break above the hourly MA8, then MA21, then MA50... Look for bull volume for a move higher, or bear volume for a move lower.
Fundamentally, Sundial has an $800M cash pile after diluting their float to 1.2B shares. Are they going take over Zenabis? What else? The money could be in the take over targets, as SNDL is extremely, if not ridiculously overvalued here. Of course, traders should ignore fundamentals. But if you have no clue what you are looking at, and you don't have a position from way lower, then perhaps this one is not for you? I can tell you, this one is not for me.
Here are some micro degree charts with some thoughts.
SNDL breakoutTuesday morning when market opens it will break out because of the inverted cup in the triangle 90.
SNDLSundial Growers Inc (NASDAQ:SNDL) After peaking as high as $3.96 on Thursday, the stock has pulled back to fill the gap around the rising EMA200 on the 15m chart in early Friday trading. Despite the pullback, the accumulation line continues to rise, which means a positive divergence. Plus, the stock closed the day with a big bullish candle on decent volume above the psychological level of $2. Looking for some intense buying pressure at the open on Tuesday and I wouldn't be surprised if it hit $2.6 at some point next week. I bought back my shares. SL 1.75
SNDL too $4.00?i opened jan. 2023 $4 Strike. $1.08. Seems like a great deal. Anyone else thinking SNDL will be well above $4 by 2023?
SNDL buy InsSNDL has been on a downtrend but we could see a turnaround here at the bottom.
Add small positions don't go all in. Set stop losses.
SNDL Support Around $2Symmetrical triangle pattern in 15M shows that the price will break out higher or continue downtrend. Combined with the fact MACD is beginning to converge and RSI is approaching oversold, I think this could be a break out. Alternatively, we might also test $1.60 resistance later today. Not an expert, I probably wouldn't take my own advice.
SNDL retracement and push upSNDL might stil fill the gap to 1.80$ and move up to 4$ or even 6$.
Right now it looks in need of consolidation.
Trade Alert part 4 : SNDL $4 then $7SNDL is not just a PUMP, though it did get pumped harder than I expepcted! No worries if you bought @ $3 since this will still be going up. Average down traders..
SNDL will be at least in double digits range this year but lets focus on getting back to $4 resistance and $7 Price Target first.
Buy the dips..
Good luck!
SNDL LongSNDL Long Position. Not a Reddit Trade. Regulations likely to become favorable for interstate shipments across state lines. Fib extentions suggest a 50% rally at support entrance price.
$SNDL overbought pattern, be careful with this!Not looking too good for sndl, it will either consolidate here or continue to drop
SNDL Sell off today, but dont panic. SNDL saw a sell off today which i do not blame people for doing that. Getting your profits is smart after what this stock did. Im in options for this company and do not plan to sell anytime soon. We could see consolidation which would be healthy for the stock. Volume is almost to 3 billion and MACD looks bullish. Giving this a price target of 5 dollars. No debt in this company.
SNDL - lets grow some greenThey say money doesn't grow on trees.. well I say otherwise..Wait for the MACD to cross then I'm going to grow some money on the SNDL tree.
Bounce off the 100EMA, last time was 25% away from it, this time the same. Now that's just speculation on my part and is somewhat meaningless, what matters most is that it is above the 200MA and the MACD signal line below 0, just wait for it to cross and let probabilities do the rest! But do not enter too early!
Happy trading! Like/Follow and share.
SNDL - A bearish runPut it to 5m to see what we saw. Double tops initiated the first downtrend and now a symmetrical triangle is in the game. Very bearish!
More SNDLBoy am I glad I held.
This bad boy looks like it turned two resistances into supports.
Top line from early first peak in this bull cycle, bottom from first peak in Aug when we turned bullish.
I'm holding until third touch of an ath line it doesn't break.
Floor is now higher than my initial sell point, so no lose scenario.
Just getting started.
Speculative Grade Long OpportunityLocalized Uptrend with great volume, bull flag, and decriminalization of marijuana in the USA. Lets see if the trendline holds
TA interpretation + personal opinion = not investment advice*
Best of Luck!
!!!Sundial GrowersSundial Growers is great for long term. Debt to asset fairly low just how I like. Quarter earnings on a consecutive increase!! Do Not buy early please buy in the zones. The zone is a critical area and is great to accumulate alot of shares for the short term or long term.
