I believe we will visit $0.8 very soon from hereWe are looking very good here fellas. I see a good break on the hourly candle. Premarket tomorrow will look gorgeous I think.
SNDL trade ideas
Bullish7.3 is an important point and will act as resistance or support. We will see.
We have a w-pattern formed and I expect a push to 7.3 where we will see how it acts out.
#SNDL Just a matter of TIME ⏱️ before jumping higher🔥 Keep calmHi All, my main 3 take-outs from this analysis are the following:
1- 0.59$ level confirms to be a strong support and the price is reacting well from there just now.
2- Moreover, this support level represents to me the neckline of a reversal head & shoulder, which has been broken on Dec 17th with huge volumes at the opening. And it looks like the price is trying a pullback just at the neckline.
3- The target f this technical pattern should be at around 0.65$ and I strongly believe that it might reach this level soon, confirming the completion of another pattern, which would be a double bottom (with the two bottoms being the one of Dec 6th and Dec 15th
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
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 TRADESNDL TRADE with fib rsi and i Inspected the Schwab review which estimated their revenue to double in q1 of next year because they just acquired the largest big box liquor store in Canada.
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 $50.5 million this year.
They are also buying Alcanna in a stock deal.
The board of directors of Alcanna unanimously recommends Alcanna Shareholders vote “FOR” the Arrangement Resolution.
The Special Meeting of Alcanna Shareholders is postponed to January 7, 2022
1.2usd is my minimum price target.
SNDL Bitter SweetAnnouncment of a Public Offering might be holding it down, but the plans moving forward involve "...investing in the Debt of US Cannabis Companies."
www.yahoo.com
I like where this company is headed. I hope it gets there. NFA
SNDLI like SNDL at .50c but I'd love to buy sub .40c that be a great entry into 2022 MJ sector will be on fire next year IMO
If tomorrow we will see a little volume here, we may fly highI am looking at this coil forming, it may squeeze all those shorts.
#SNDL - 0.6$ 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 - When it will reverse to BullHello,
SNDL was expected good investment for long term. But SNDL has some business issue, because they sold bad quality product. I hope CEO try to improve better.
The problem is the share price is managed by a big bankers.
They would like to shake this stock to get more profit. I think the big bankers will move to buy and make it drop again.
Based on weekly chart, the weekly candle size is squeeze. It means the SNDL is too oversold, but still many buyers are in the market.
I think it will be up soon, but I am not sure how much.
Anyway, I put on my chart.. and invest buy....for long term...
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 is one to keep a close eye onSNDL isnt showing a true buy signal yet, but soon i feel. The daily and the 4hr charts will either pivot to reveal massive hidden bullish divergence, or the price will break down to lower levels to possibly build class A bullish divergence on the weekly chart. If we break out bullish, my target is 2.52.
Looking at this coilAs soon as we will manage to close above the upper line with good volume, I will go YOLO.
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 - another short squeeze stonkwhile doing a little digging it seems this stock has no more debt and they will be purchasing back 100 million dollars worth of shares, which is about 5% of shares issued... Lets hope hedgies do not short this with dark pool monies.
On a more conservative approach i believe we will break $1 next week.
www.prnewswire.com
$SNDL 2$ 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.
