Get started

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.
NASDAQ:SNDL
by Barkworth
6
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.
NASDAQ:SNDLLong
by Verum0
12
KODK : The sleeping giant.Hello All. Here is my analysis that is not so far fetched. Pros: 1. Partnership with microsoft. 2. Solid institutions bought in December 2020 3. Pharmaceutical Division pending 4. Low float count in available shares 5. Multiple failed breakouts but solid consolidation 6. Potential Loan coming from the Federal Government to kick start Pharmaceutical Division CATALYST: Short interest is between 18% - 24%. I am long with two short term targets. $17 & $20. Not to mention, calls are super bullish for this month all the way through April. Hang tight and be patient.
NYSE:KODKLong
by iheartcharts
2
$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. 💎👐
NASDAQ:SNDLLong
by davidnovosardian
3
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.
NASDAQ:SNDLLong
by BradWeber82
29
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.
NASDAQ:SNDLLong
by allthemoneys
6
[CGC] Will be Loadin up Before Next Uptrend CrossThis is now my number two long term growth pick, recently supplanted by the winning APHA/TLRY combo. Still a better company than ACB by a good margin. OGI best value and ACB next best value though, these two been in the trenches for most of 2019 relative to the overall industry. HEXO and SNDL still strugglin but holdin up OK, also great value there but much riskier. CRON has been very quiet but holding at a steady level at least. I'm really loving my IIPR, YCBD and VFF pickups from a few months back too. Kickin myself for missing GRWG, waiting for better value now.
NASDAQ:CGCLong
by ProfitHarvest
4
SNDL Lots of BullI know I basically just posted my position shorting this one at 1.9, but after reading around I'm the only bear around. I love this company so nevermind, look at all those bull signs. I'm setting a stop loss at 1.85 when it hits 1.9. Hopefully it doesn't touch, and blows out into open waters. If it nestles above the resistance tomorrow I'm buying regardless if my stop loss went off or not. My biggest concern is that MACD is already up there, but I think it might consolidate above $2.
NASDAQ:SNDLLong
by LemonKing
4
SNDL - LONG (update)(update 1/7/20) - SNDL successfully climbed above our cyan resistance line and is now using it as support. SNDL tested the line as support once and did not break back under it. This gives us confidence that the uptrend momentum can now resume. We are now bullish! Many possibilities exist in the world of technical analysis and ours could play out totally wrong, but we believe the odds are in our favor. If in the case SNDL goes down next week, the cyan line is of course our first major support. A break under that could trigger a sell to roughly $0.85. So keep em tight and ride the ride! - HH
NASDAQ:SNDLLong
by HH_Analysts
2