$SNDL: Bullish Dragon Could Lead to a 1.618 RetraceWe have Bullish Divergence on the weekly and may be setting up to challenge a long established Downtrend line; If we break above it we are likely to see a sharp move up to the 100-161.8% Fibonacci Retracements.Longby RizeSenpai3311
SNDL, reverse fib bounce plus a gap to fill?Looking at a 2nd gap to fill around .57 cents which lines up perfectly with bounce on the reverse fib between .5 and .61Longby impossiblebull4
SNdL Is this actually getting set up for a big move?!? Last time we controls 61cwnts on a weekly clos we rallyed up to 96cents. We also expirecened a weekly bullish macd cross recently. I would be buying this as we could be set up big time. 61cents is a big suppor and 70cents is our key resiatnce… bullish until proven otherwise Longby Erictaylor7
SNDL Sundial Price TargetAfter receiving an extension of 180 calendar days to regain compliance with Nasdaq's minimum $1 bid price requirement, SNDL needs to close at or above US$1.00 per share for a minimum of 10 consecutive trading days before August 8, 2022, which most likely should happen sooner. We are still waiting for the Alcanna deal to be announced. That should be an important catalyst to drive the price higher, to the next resistance, of $1.25.Longby TopgOptions12
SNDL 180-Day Extension by Nasdaq to Regain ComplianceSNDL Sundial received an extension of 180 calendar days to regain compliance with Nasdaq's minimum $1 bid price requirement. SNDL needs to close at or above US$1.00 per share for a minimum of 10 consecutive trading days before August 8, 2022, which most likely should happen sooner. Let`s just remember how SNDL stock was trading at $3.96 one year ago around the same date. But the company made progresses and the Alcanna buyout should take Sundial Growers Stock back to $1. The investors were scared because of a possible dilution or delisting from Nasdaq for non-compliance. Now it should also regain trust from investors and see it touching the $1.30 resistance soon. Longby TopgOptions2220
SNDL - Reversal? SNDL is not normal movement. I hope it is reversal. I hope no more low price.Longby thdehddnsUpdated 10
Question. What does a bearish pennant look like?Trying to learn. Does this look at all like a bearish pennant at all? Thank You.by bunkel220
SNDL Options CallLooking at the SNDL Mar 18 2022 .5 Call, bulls will try to get this up to $1 to keep it listed by then. Also, there next earnings is aroung March 15, 2022. Things should get interesting with this call. I got a couple hundred contracts. by thereisnocoinUpdated 446
We need a push here fellow hodlersWe are testing a major line, let's see today or tomorrow if we will manage to break it?by thisisfed882
SNDL gets pep in its stepNot a financial advisor. SNDL has been dragging along in the market. It needs to reach compliance - with the markets shifting green we could very well see the much awaited spark here. 3 white soldiers reversal up will solidify that run. It would certainly attract more investors. This is a high risk play - But one I'm willing to make. Momentum is shifting back. RSI turning up MACD & TSI looking to cross soon. All of which indicates bullish moves to come. One to keep an eye on for the month of Feb. Who knows, maybe Weed will be legal before 4/20 - would be great for business.Longby StofAxeCapital1
SNDL at Dec 2020 support | Ready for an important bounce ?SNDL Sundial stock is oversold at the December 2020 support price level. looking at the chart, the upside is $1.4 by the end of Q2. Sundial has a pending purchase of Canadian liquor retailer Alcanna . Alcanna owns a majority stake in Nova Cannabis, a cannabis retail chain. I think Sundial positions itself as one of the major cannabis players of 2022. Looking forward to read your opinion about it. Longby TopgOptions1112
SNDL retracement to good entry near .48Hello guys. Here is my TA for SNDL atm. Due to market conditions as of now, I feel there is further retracement to be made. Short sellers know there is plenty of retail in this stock, and day by day their moral is being destroyed. Taking a look at this chart, heres what happened We have been in a falling wedge for quite some time, and as you can see once we broke out we turned that resistance line into support. If we take a look at the marked level of right around .48-.49 cents, we can see 3 key points that lead me to believe this will be a strong entry. First, this is a previous support level. Furthermore, this support level actually lines up perfectly with the falling wedge resistance that we broke out of, as well as falls right on a key fib retracement level from some of the more recent highs. I will be waiting to see if this move occurs, and taking an entry right around these levels. I have not yet decided where TP levels will be for a long simply because I have not charted yet, as I do not see a purpose until we reach that level and determine what the market conditions upon arrival to this entry. Lets see what happens!Longby mkryanjUpdated 5
SNDL COMPLIANCE runBought the dip at .50 .45 .40 now waiting for compliance. They have 10 days for an extension, a reverse split, or a buyback to get above 1$. i am straddled and positioned for whatever they do. i am accumulating and will be on this stock forever. they have profit, 500m in the capital, and just bought alcanna outright. little to no debt, (only for typical operations) their projected earnings are looking good. Longby UnknownUnicorn35703858810
Sundial: Time to Short?Sundial Growers - Short Term - We look to Sell at 0.5245 (stop at 0.5700) Previous support level of 0.5400 broken. The trend of lower highs is located at 0.6660. Previous support, now becomes resistance at 0.5400. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 0.5400, resulting in improved risk/reward. Our profit targets will be 0.3197 and 0.2890 Resistance: 0.5400 / 0.6000 / 0.6800 Support: 0.4300 / 0.4000 / 0.3000 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby Saxo225
Sundial Growers sinking further. SNDLWe broke the floor with the latest candlestick. This means we are going even lower. I am taking Wave C of the latest zigzag to estimate how low, while taking conservative estimates. Anyway, picture overall for a bearish outlook here. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!Shortby Rykin_CapitalUpdated 16165
I used to be bullish now I think we will fill the gap.There's a huge gap on the weekly chart that I think, at this point, we are gonna go and fill. Healthy move tbh.by thisisfed337
SNDL yearish ANN of its run prior to release of Q4 EerningsNFA just sharing that it was this time last year CEO Zachary George started a buyback that launched the price to its ATHLongby EnoHayes113
I am looking closely at this coil.I think this guy will manage to stay inside this wedge, which is becoming very tight. I am bullish and I believe that we will break on the upside in a few days. GL.Longby thisisfed333
SNDL to purchase liquor retailer AlcannaBesides an estimated $540 million in sales in 2022, up from an estimated $50.5 million this year, Sundial has a pending purchase of Canadian liquor retailer Alcanna. Alcanna owns a majority stake in Nova Cannabis, a cannabis retail chain. I think Sundial positions itself as one of the major cannabis players of 2022. My Q1 price target is $1.7Longby TopgOptions4414
SNDL BOTTOM??Check it out, let me know what you think. SNDL look like a double bottom with a couple and handle formation under way. What is the short % on this right now?by ZaphodBeebzUpdated 117
SNDL Long here Going in here around .60. around .69 is a good place to start taking profit. Not a huge profit but still worth looking into. Longby Phinn3
sndl wishful thinking- long at 40c?Looking like it could breakout this month and start something newLongby Harry_P115
SNDL aligning nicley with compliance date aproachingSNDL will set the bar in 2022 fresh off their first green ER. They're set to close on Alcanna aquisition, buying back 100M and 1.00 compliance all expected in Q1 Longby EnoHayes226