Bullish wedge in $SNDLA bullish wedge has been forming this year. With a positive earnings report first time in the company's history being made in November, the price is looking to break out of the wedge in the coming months.
Bullish.
SNDL
SNDL projected $540 million in sales in 2022Wall Street has Sundial pegged to bring in almost $540 million in sales in 2022, up from an estimated $50.5 million this year.
They are also buying Alcanna in a stock deal.
The board of directors of Alcanna unanimously recommends Alcanna Shareholders vote “FOR” the Arrangement Resolution.
The Special Meeting of Alcanna Shareholders is postponed to January 7, 2022
1.2usd is my minimum price target.
#SNDL - 0.6$ might be the next and final support.Hi All, my main 3 take-outs from this analysis are the following:
1- Historical movements might be repeating themselves. Look at the three blue elyptical shapes and movements..
2- 0.6$ might be the next support from where the price might be rebouncing
3- AFter the rebounce the price might have a spike as done three times previously in the past
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
#SNDL - The story might be repeating again...Hi All, my main 3 take-outs from this analysis are the following:
1- Price is moving as per historical recent moves
2- Price is still within the falling wedge and should see a breakout (hopefully upwards) prior getting to the apex. But it might take still some time
3- By tday and tomorrow we might possibly see a rebounce from the 0.66-0.65$ levels, as also shown in the past.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
SNDL - Historical moves are telling us all about the next move..Probably my most important video update so far... Let's see hw the recent months mvements might help us to understand what the next move might be.
In the meantime, price is just doing what it should, meaning covering the gap. Not completed yet, but we're close to it.
Not financial advice, just personal opinion and analysis
SNDL - Sundial Growers: maybe a retracement prior exploding?Hi All, my main 3 take-outs from this analysis are the following:
1- Price is moving within a descending wedge and a bigger trangle
2- Price has been rejected by the 200 MA and by a descending trendline resistence
3- We might see a retracement to fill in the daily gap left on Friday
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
SNDL Repurchase Program 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 liquor stores in Canada!
Average Volume: 99,022,325
Yesterday`s Volume: 360,765,136
My short term price target is the 1.6usd resistance.
Long term, SNDL can go to $4.
Looking forward to read your opinion about it.
SNDL LONG timeIts been a long time coming, shorts are fighting hard for this stock. the short interest is very high 275,000,000 shares. Weibull has no put a max buy limit of 7500 shares. The last time this happened was on AMC.
the float is 115% bought 15% short 275,000,000 shares
the company had a 20% good news spike on the purchase of alcanna liquor 171 stores making SNDL now the largest pot retailer
Its also time for market swings to happen into pot sector.
500m+ balance sheet, and no debt, highly profitable. they are ready for the next bullish run to 10-20-50-100$ plus, as this is a bank pot grower, distributor, liquor distribtor and more.
$SNDL 2$ by January or bustAnyone 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.
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 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
SNDL Cup and Handle price takeoffWhat are your thoughts on the possibility of the this cup and handle happening after next earnings?
TLRY - Massive falling wedge brewing Expecting 2 more months of punishment in the MJ sector. Still looking for $10 gap to be filled.. Either way, $36 EOY TP.. GLTALs
SNDL a massive potential gain!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.
omg the most bullish chartmin %60 in 4-5 days, the most bullish chart i ever seen, all in ahha, breakout --> pullback, harmonic, found deep
SNDL Gammasqueeze UpdateI think this better shows the pattern. it could go before this, but this is the repeating shape
sndl longthink we can see a large move ujp here in cordination with some other quote unquote meme stocks. taking a long until 1.05 and taking profits
Sundial Growers $SNDL - Long idea 💡 ⚠️ This idea is based on my technical analysis only. Do your research and trade on your own risk!
Weeds on fire..!I would like to review my post on August 15:
Tough week ahead for Cannabis Stocks!
You judge the accuracy rate!
SNDL - Fill in the blank - LongSNDL - Long Opportunity
As you can see SNDL is gearing up for an upwards move having retraced to previous support, targets of 3/4.
Thanks,
Trader Paps
Tough week ahead for Cannabis Stocks!ACB:
NASDAQ:CGC
NASDAQ:CRON
NASDAQ:SNDL
They lost their supports and it happened with increased volume!
I'm looking for short opportunities in the next week.
My previous Weed analysis was one of my best works ever!
Feb 3rd, 2021:
Feb 11,2021:
April 12:
