SNDL trade ideas
SNDL Penny Stock Alert Update - 836.54%PENNY STOCK ALERT UPDATE
$SNDL - Sundial Growers Inc. - Common Shares Status Alert: Deficient
Initial Alert Price: $0.52
Price High: $4.87
% Gains/Losses: 836.54%
(+822% More Than Expected)
Potential Stop Loss: $4.6265
SNDL gapped up in this morning's Pre-Market Session providing us with 607% Profits on our Initial Trade Alert from Dec. 22nd, 2020. The stock found some resistance at the $4.87 Price Levels and retraced back to the $3.47 Price Levels. The stock opened and saw a sell-off coming into the trading session after seeing a heavy sell-off and profit-taking which is understandable. Right now, we're looking to see if we find some support at the $2.66 Support Levels to continue moving forward back to the $4.80's moving forward. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
$SNDL My price targetsHello all,
Hope everyone is enjoying this ride up. I have been long in since.73 and was waiting for this moment.
Currently the chart looking nothing but BULLISH, with clear signs of a reversal back to IPO levels and more.
The company has lots under the belt to make them stand out with;
- New products being released
- Lots of cash on hand (mergers/acquisitions)?
- Marijuana soon to be legalized in the US (2021-2023)
- Could expand to US markets through a merger
- Oh and did I mention $0 debt.
My price targets are as follows; $4 - once we break through $4 it will be a 100% signal of a BULLISH reversal. After breaking $4 my next price target will be $5.50.
1st PT - $4
2nd PT - $5.50
3rd PT - Pop to $9
4th PT - $14 and to possibly making new all time highs.
Thank you, I hope you all enjoy this amazing ride we have ahead.
💎👐
SNDL Target 7.5$ Short termSNDL is looking very good at current level for a potential target up to 7.54 from current price 2.95$ .
If you see the weekly chart its rounded bottom and breakout has happened and price is above weekly pivot ~1.49$ and momentum is picking up nicely as MACD crossover zero line. And volume is more promising.
SNDL 1hr TAKE PROFITSTrending on Twitter. Trending on Youtube. On CNBC. On other media outlets. Yep it has all the hype in the world right now.
It's also up a million percent and there is nothing wrong with taking some profits.
Best way to play a stock like this:
1. Identify support and resistance.
2. Scale in, don't load the boat right away.
3. Take profits either by scalping or by scaling out your positions.
Please, PLEASE do not let people on social media or reddit or wsb scare you out of taking profits. Identify your profit/loss goals each day. Pick a target. When you hit that target, TAKE PROFIT.
Joe DayTrader on the internet, who makes fun of people with weak hands and those that sell, probably sold a long time ago anyways.
Protect your capital. Live to trade another day.
SNDL $10 Target ?Ridiculous embedded weekly STORSI driving SNDL higher into Earnings in March. I'm speachless.
No I'm not. Sell puts to be paid to take the shares cheaper? Buy calls? Buy shares? What's your horizon? What's your price taking target? How much you want back? Is it in dollars or percentage? Are you a bear? I can see that, fundamentally a mystery to me, lots of bad press. I haven't put in my info to explore their sight. Could be just another meme stonk. So far even the leap options offer nothing higher than a 4 strike. IVR is 60, so it's up there. But those Memes got in the hundos 100+% ivr's. A billion posted as outstanding. Still half a million volumes on finviz. Lagging info but whatevs. Buy low sell high, buy in higher?
Legal Marijuana is just beginning. Sundial has some momentum now. 3 dollars might be the pump and dump's target just to 300%. Who knows.
SNDL - pot stock breaking outI took the position in this stock on Jan 28 and the astock already moved 48% up from my entry.
But I don't sell, expecting the stock to go much higher.
Reasons:
- Big accumulation volume
- Big round bottom
- Current breakout pattern
- Simpathy play with the other pot stocks: $TLRY, $CGC, $VFF, APHA, which are also ready for breakout