Sundial Growers (NASDAQ: $SNDL) Could See High Times In 2022 🌿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 headquartered in Calgary, Canada.
SNDL trade ideas
SNDL StraddleHonestly, I’ve been accumulating for a bit. We can see that it’s been in an incredibly tight accumulative squeeze with a decent short interest against it. I’ve loaded some $7 2023s, as well as some $1 2023 puts. it’ll be interesting to see what kind of price movement will be, there could be a shakeout of SLs and then a move upwards. It has now had a strong, high volume close above the AVSL. Only time will tell but boy is this gunna be fun
SNDL LONG SNDL is showing a clean double bottom, with a violent shakeout. the shorts on every platform have started writing hate mail to me, and trying to discredit my posts, my short interest data, calling me a child or retarded. ive definately hit the motherload.
fintel has it at 87/100 squeeze score. this is the top .005% of all stocks.
300,000,000 shares short.
10% borrow fee now, it spiked from 5%.
all the news articles are switching to long
even investorplace
SNDL Long with tight SLThere's not a strong fundamental analysis around this post but the chart looks great
Breaking out of our Downtrend line and flattening out. The weed industry has been bleeding out all year and it looks like its about time for a little rally.
Sundial has been making moves this year acquiring Spiritleaf and Alcanna inc.
With that they are back down way below this past years ATH.
Targets:
80 cents
1 dollar
Stop loss: below 62 cents
sndlrenko charts on the 0.01 blocks shows there is a macd divergence , with support levels at 0.68 and 0.66 cents. thats 4 cents below current price at 0.70 i would hate to close the position if it falls below 68 cents . not recomending anyone to sell if it loses this suport because support are not numbers are usually areas so its at support all the way up from 66cents but may 13 support is at 68 cents so am closing if it falls below 0.68 of the daily just in case lower supports dont hold , other than that, i can see CMF keeps going up, rsi divergence . obv is even . i give it 1 week to make its move either up or down, the way only holding 25k shares