SNDL
SNDL about to run (Target $1.25 & $1.56) BULLISHHi folks,
After 2-2-2020 we declined over 14% which means SNDL is on the SSR list and can't be shorted.
If me manage to continue after the $1.13 it's about to get a nice green candle all the way to the $1.25 where we can check if there is any chance to beat that short position downtrend, if so I see a great future heading to $1.56 and maybe even later we will go on to $2.00.
!!!-NO FINANCIAL ADVISE-!!!
$MEGH $2.50 in 1997 ATH Now Reinstated/Registered PT $1.50-$3.50$MEGH Has been reinstated and registered with the state of Colorado for the first time in many years. Rhonda Keaveney of Small Cap Compliance has taken over custody of it and judging by how fast they are moving to get it Pink Current after receiving custodianship I wouldn't be surprised if this is the first of their Custodians that they will attempt to bring in a Reverse Merger candidate.
It has the perfect share structure for one and a very appealing past. With no R/S's no major events or A/S increases. The S/S has remained the same for decades.
I anticipate a $CATC type move here or possibly much higher as $MEGH has a slightly smaller S/S of 50 Mil A/S 49 Mil O/S 25 Mil of which are restricted and a 11 Mil Float.
$CATC went to $1.50 We can do a lot more IMO
PT $1.50-$3.50
investorshub.advfn.com
investorshub.advfn.com
SNDL and NOK could be squeezed but be careful The GameStop isn’t the only company where greedy short-sellers got punished by WallStreetBets redditors.
Sundial Growers Inc. (SNDL) and Nokia Corporation (NOK) are two other companies where traders with short positions got overexposed.
Currently, their short interest (i.e. shorts / all shares) are 29% for SNDL and 14% for NOK. That’s not some crazy levels that should make short sellers desperate. Yet they could be squeezed some more if there is some coordinated action against them.
To check what market participants think on average, we’ve posted the following questions to Cindicator’s Hybrid Intelligence:
“The shares of Sundial Growers Inc. (SNDL) settled at 1.21 USD at 04:00 PM UTC on Monday, February 1. Will SNDL trade above 2.42 USD (+100%) earlier than trading below 0.61 USD (-50%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 85%
“The shares of Nokia Corporation (NOK) settled at 4.89 USD at 04:00 PM UTC on Monday, February 1. Will NOK trade above 9.78 USD (+100%) earlier than trading below 2.93 USD (-40%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 86%
This suggests that on average Hybrid Intelligence believes that the shares will be pushed higher.
Yet this could also be a sign of excessive euphoria right before the party is over.
SNDL Penny stocks trades
NASDAQ:SNDL
For those lovers of penny stocks and the craziness that comes with it, here is one for the books.
Remember, your money your choices.
SNDL Triangle Breakout! 30% move possibleNASDAQ:SNDL SNDL is at the forefront of the robinhood/hedge fund fiasco and is getting extreme attention. Just search it on twitter and stocktwits to see what I am talking about. I don't normally trade penny stocks so I am treating this as a riskier lotto play. My current position in SNDL is at shares at .83 and $1 march calls. I played SNDL on the 27th and was able to lock in >100% on that beautiful gap up. Now I am back for another go.
Chart: there is a beautiful triangle pattern developing that is posting higher lows and becoming extremely tight. The key for a breakout tomorrow/tuesday will be the volume. I would love to see a bullish close and at least 1 billion in volume tomorrow. higher probability trade would be to wait for the triangle breakout with confirming volume. SNDL has received massive volume the past two days of trading (2bil and 1 bil respectively). Its 10 day average is 557 million. This is a pure momentum trade for me and I will likely have my stop loss under .72 as this confirms a lower low and failing of the triangle pattern.
Volume profile: the daily POC is at the .6940 range, I dont expect to still be in the trade if this lvl is ever reached. The POC for the past three days of trading is right at .8045 lvl, this is just about the current price level. If we cannot hold above this lvl then I would be weary entering the trade until it reclaims if you are not already in.
There seems to be a solid support at around .7496 and I currently have an extended hour order in to catch some dips in the morning if this happens. I have a hunch that SNDL will be gapping up. I am looking to scale out of the trade at $1, $1.20, $1.50. Good luck all!
SNDL SUNDIAL GROWERS INC huge upside potentialHere is when i told you that is a buying opportunity on Sundial after the retracement:
Sundial Growers engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate.
Zenabis Global Inc. said Friday it has entered a revolving credit agreement with a Canadian private debt fund for up to C$60 million ($47 million) that it will use to refinance more expensive debt held by Sundial Growers Inc. (marketwatch.com)
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
SNDL LONG - Looking for a bottom, starting accumulation at .56I've been watching SNDL and some other cannabis plays, ACB, TLRY, and CGC.
I like this company as it's debt free and looking toward future growth.
Starting to accumulate at .$55 and looking at 20-30% gain from these levels in the next two weeks.
SNDL - Sundial GrowersSure its a dog barely staying alive but a few good news and retail mafia will run it up.
Moon is very close. Once we land on the moon, we will recharge and go to Mars
SNDL and ACB approaching Golden CrossMerger Outlook in my eyes - SNDL and ACB are both approaching Golden Crosses on the daily timeframe (50 MA and 200 MA). The Motley fool just publush an article about SNDL and a possible merger. None of the other Cannabis company are approaching this same technical pattern, leading me to the possibility that SNDL and ACB may be merger soon. Please do your homework, this is not investing advice, just an observation.
Best trading to everyone :)
SNDL looking pretty Sunny - Sundial GrowersSUNDIAL looking to the 1H YELLOW/RED EMA CROSS!
EMA indicates we have a local top coming in FEB/March under 90 cents probably. This may also be the end of a head and shoulders paten, in which, we rocket down. Pull some gains here. Be a prepared for a jump up or down.
SNDL DAILY - CUP FORMING - SOCIAL HYPENumerous days of solid volume.
Completed a moving average crossover on the daily.
High social media hype right now with the possible Biden administration.
I am not a fan personally of the stock. I have some end of January calls, but they were $5 and that is literally the only reason why I bought them.
SNDL - 4hrPlaying the $1 call option for 7/16
I like where this entire industry is headed this year
Looking for $2 on this one
SNDL under new AdministrationPossible ideas for SNDL. New administration coming into power. If Harris stays true to her word(unlike she usually does) she will make marijuana legal as one of the first things she does in office. should see jump in MJ stocks short term. possible long term but black market will always be#1 unless you can buy weed like beer in your corner stores
