Get started
SSS

Sundial Growers Inc.

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

SNDL trade ideas

Feast ur eyes, see for yourselves! Maybe be a 'lil reversal? It's early to tell if this is a SHORT TERM reversal for this gorgeous fledgling stock. In long term months it may go up. In the medium term it may go down. in the short term it may go up. It's trading lower today. I have it going down on the daily and weekly chart. However on the 4 hour it looks like it MAY be reaching NEAR relative bottom/support. It went v high so it will take time to consolidate. I don't want to make any public predictions about how long the bearishness will last. However, I will say that my strategy is a yolo diamond hands HODL. I will HODL this stock and grab more. Specifically, I am buying more call options for January 2023. NOT INVESTMENT OR TRADING ADVICE. Could it be a long term yum yum style? Do your research! Not trading advice!
NASDAQ:SNDLLong
by primroseverglade
2
SNDL - Follow the moneyAfter an impressive run up on high volume, SNDL is cooling off and returning back to a more reasonable buying zone. Technical reasons for the trade: → Price has exploded on high volume. This means more eyes are on this stock, with people who missed the first move wanting in on the action → Very little volume traded overhead. When this breaks the old highs, it will fly. → Price retracing back into the RLZ → As per finviz stats, SNDL still has a short float of nearly 17% (!!) Good luck! Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
NASDAQ:SNDLLong
by AndyTheKing
3
SNDL - Patience Will Pay Off If we Stay Over the 50 EMAThe 50-day-EMA is acting as much-needed support. 50-EMA is giving SNDL enough time to catch up to the Ichimoku cloud for a potential blast off into the rocket ship territories. With the recent price gap in the chart now fully filled we can look ahead towards meeting the Ichimoku cloud at some point during Friday's trading day. The short term price target is at $3 as long as we stay above the 50-EMA BULLISH *THIS IDEA IS VALID AS LONG AS WE ARE ABOVE THE 50-EMA*
NASDAQ:SNDLLong
by ante1028
Sundial Growers INCI heard about $SNDL from traders on Twitter. Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. Price action is showing us it's intentions so we basically need to be patient in order for it to play out to time a good location to execute some orders. I would actually like to see it head back down around the $2.00 area in the event this weekly candle close in strong bullish fashion. I'll update as it progresses over time. NOT TRADING ADVICE!
NASDAQ:SNDL
by ChrisJTradesFX
$SNDL looks low, but there's hope I 💗 my LONG TERM strategy!*Sundial is headed down in the short term, however think of this fledgling cannabis stock that may flourish under this administration, house, and senate! When it bottoms one might consider grabbing more or grabbing stock call options for far out... if one believed in the company that much. If you're holding, consider HODLing with diamond hands rather than selling at a loss. UP TO YOU THIS IS NOT ADVICE. Also, a reminder that my posts are nearly all LONG TERM "LONG" investment strategies. These are NOT MEANT as DAY TRADES or even SWING TRADES. Therefore, I stand by the linked related idea below. Please share feedback if you have any 😊 All of this isn't investment or trading advice *Not investment advice
NASDAQ:SNDLLong
by primroseverglade
9
SNDL - Push back to $3? Maybe $4?Looking at NASDAQ:SNDL , it has a lot of attention and has had a large retracement at the end of last week. It had almost a nearly 100% retracement and successfully tested the known supply zone at $1.80. If you had a buy order set up there, you would be VERY happy (and hopefully took profits). During the retracement it created a strong downward resistance trend line, and then broke out sideways (no significant jump in price). Since that breakout, it formed another less aggressive resistance trend line, and then broke out of that before closing EOD friday. A part of me was hoping that we had one more to run with instead of the long weekend. Due to this breakout at EOD Friday, the massive price potential of SNDL (as you can see it was at $4), the potential legalization of pot, and the fact that we had two of the shorter term Moving Averages cross, I think we can feel pretty good about a potential bounce up from where we are currently resting (around $2). This DOES NOT mean that $3 or $4 is guaranteed, as a bounce could be met with further retracement, hence why my TP targets are set between $2.50 and $3.00. Thanks for coming to my Ted Talk. I look forward to revisiting this idea to learn.
NASDAQ:SNDLLong
by UnknownUnicorn1940998
2
Got stuck on SNDL ? want to jump in on the pump ? full analysisSNDL let's jump in! Technicals : 1. Stock had a motive wave – we can see its not an impulse wave but a regular motive because the stock doesn’t fit the golden rules of impulse wave by Elliot's theory. - In the duration of 2 days the stock made a move of 231%. - RSI OVERBOUGH during the whole period - ADX way above 40 middle line – asset extremely trending! - VWAP below candles meaning traders are buying in a higher price then avg - POC (red line) WAY below the price action (note this is the visible range so it includes all of Feb volume) Conclusion: Asset was trending in extreme hype (Sentiment) just like my cover on HCMC from yesterday -we are looking at pure hype and no real catalyst – overvalued. 2. Correction wave – as we predicted in the union group this is a correction wave – NOT a pullback the difference is pullback is healthy but what we are seeing here is a stock dump. - In the duration of one-day stock corrected down 43%. - Notice RSI not oversold – asset value avg still high (RSI settings is 14) - ADX not trending anymore – going into the lower half (below 40) - VWAP way above price vol level - POC (red line) still lower than asset price (note this is the visible range so it includes all of Feb volume) - Chart clues: no higher wick on the highest candle in the trend showing no struggle between buyers to sellers – very bad indication – this is as if everyone pulled out together and turned from bulls to bears at the same time! Conclusion: asset was dumped either in coordination or in a domino effect – which is more likely – traders so money pulling out of the stock and it caused them to pull out as well and cause asset value to drop significantly and rapidly – pump and dump style This means a lot of traders that bought high were left ‘holding the bag’ as is common in a pump and dump and that is why we train our traders how to spot clues on the chart and in volume readers to know when they should pull out as pump and dump is super high risk! Volume analysis: AVG 3m: 552M Last week of trading avg: 630M (estimate – not way to know the accurate number) High peaks : 10th of Feb: 758M 11th of Feb: 1.05B !!!! notice this is DUMPING volume !! pump and dump clearly! In the chart I have described 2 possible outcome – obviously can only go or down but how do we know which one it will be : Good scenario: If we see asset price cross the $ 2.60 and starts channeling sideways or keeps rising that means there is hope for the traders stuck in the higher prices to get reached and get out – I don’t think it will go higher than 3.7$ -so if you get a chance to get out -go for it! if you are considering entering and you are not in – the price you want is $.260 ! not below it! Bad scenario: If we see asset price travel below 1.65 (below gap – yellow box) into the red zone market on the map this could be a time to take the loss and get out as the asset will trend down and side-channel there (hope I am wrong for your sake) if you want to enter the asset and you see it trending down consider waiting for it to land on the POC level at $1.25 ( remember POC is like a “magnet” and price will travel towards it), from there expect a longer hold till we get another rally on the asset unless we get catalyst news (fundamentals). This is the chart on a 1-week view to show the power of this sharp move: Important to note (taken from Seeking Alpha): “Sundial Growers (NASDAQ: SNDL) has priced a registered offering of 100M Series A Units, each consisting of one common share and one-half Series A Warrant to purchase one common share and 33,333,334 Series B Units, each consisting of one pre-funded Series B Warrant to purchase one common share and one-half Series A Warrant to purchase one common share.” Trade safe and be safe FDGT the traders union
NASDAQ:SNDL
by FDGT_academy
5