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Sundial Growers Inc.

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SNDL trade ideas

SNDL forming a BIG CUP and HANDLE pattern??Just see this beautiful daily candles! Forming a huge CUP and HANDLE!! Accdg to WSB/REDDIT they were gonna push SNDL to 50$ lol; hope its true but if not i still trust this baby to be squeezed soon. Thank you AMC for killing the bears of the market; because of all these meme stocks; bigshorts hedgefunds had no choice but to liquidate their shorts and sell of their contract for them to have budget to fight the meme stocks; that being said; alot of heavily shorted stocks will have its squeeze!! tight and big one!! good luck to everyone!! Holding SNDL to 20$ :D :D pierced through ichi cloud: brokeoff first fibline MACD / RSI -- confirmed bullishness!!
NASDAQ:SNDLLong
by dreidman49
4
SNDL. Squoze once. Maybe again.I am looking for pot stocks that have a higher than average chance of producing multiplied returns. SNDL has been as high as $8-9 and currently trading in the $1.25 range. It also got squoze in the short squeeze craze that appears as if it may still be around, peaking briefly near $4. Only 6 hours ago an article was published in the motley fool saying that this particular stock was to be avoided "like the plague". I hate that phrasing, but the picture they painted about returns and whatnot weren't promising. However, as I am primarily a price action trader, this seems like pretty good price action to me. A gap up is a gap up, and this chart is showing plenty of them lately. At the end of the day, it's easy to sit at your throne of power (laptop), and make an emotionally striking article about how a stock is garbage. The world could use less of those associations, in my opinion, and I would prefer if people would do less of it. ---- I won't be buying any SNDL because this squeeze stuff is just plain out of my wheelhouse, but as a trader looking for money opportunities you can't help but have some curiosity.
NASDAQ:SNDL
by emehoke
2
Sundial Growers SNDL legal marijuana will become parabolic ?Sundial Growers is a Canadian company based in Calgary, manufactures and distributes cannabis products to the medical and recreational market. Many American states are slowly opening up to the use of recreational legal cannabis and the interest of investors is growing more and more. Clearly as it always happens, there comes a time when many people realize the potential growth and start to buy, and the price literally flies, it seems we are in that stage but still in time to take a nice profit and not stay with the match in hand. This is when it seems analyzing the waves generated by Miracle Viewer an indicator that studies prices and volumes and extracts the market positions of the various players, in fact long-term investors have taken the title and are buying in large quantities. The advisor Market Miracle has generated a LONG input signal on $SNDL at the price of 1.3 USD with a target of 2.12, the potential profit is 63%. Analyzing the chart I imagine a price action like the one I designed, so fully entitled $SNDL could become parabolic for a while. This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
NASDAQ:SNDLLong
by MarketMiracleAdvisor
4
SNDL: Will it fly again? It seems so.Hello traders and investors! Let’s see how SNDL is doing today! It has been some time since we talked about it, so we have many things to update! First, for several months, SNDL did nothing, but now it seems it is waking up again. When it broke the resistance at $ 0.79 we had something new, and now we are in a clear bull trend with higher highs/lows. Any pullback must be seen as an excuse to buy SNDL. Now, we are heading to its target in the daily chart : It seems we have a rounded bottom , and some would say that this even a Cup & Handle, but this is not important. What matters is the meaning of this movement. Right now, we have something new on SNDL, as the price is not dropping or in an accumulation anymore, and what’s even more interesting, the volume is increasing . This means that the players are excited about the stock, and technically speaking, our next target is the $ 1.75. Let’s see if SNDL wil hit there again in the next few days. Meanwhile, remember to follow me to keep in touch with my daily updates, and support this idea if it helped you! Thank you very much!
NASDAQ:SNDL
by Nathan_The_Finance_Hydra
17
SNDL History Repeats Itself, Fourth "Fortune Fractal" ComingThis stock has always been a favorite of mine because it has a very solid fractal behavior. For those who don't know, a fractal is a never-ending pattern. Fractals are infinitely complex patterns that are self-similar across different scales. They can show (and prove) the constant behavior of a stock, which in this case is SNDL. I have annotated the chart for your convenience to show the past three "fortune fractals" that have made traders a generous amount of money. If you can zoom in on the chart, I have added three circles for each of the fractals, these are the indicators used in my strategy to ride out the fractals (called Triple-Indy). I have listed the steps below Steps to Riding the SNDL Fortune Fractal: 1.) Look for the Price Action crossing the SMMA 7 line, but don't buy yet! This is only a signal to start paying attention. A fortune fractal could very well be on the way. (indicated by the Purple Circle) 2.) Wait for a retest at/below the SMMA 7 line. This is the moment of truth, once the Price Action bounces/breaks above the SMMA 7 line, that is the time to enter the trade. (indicated by the Green Circle). 3.) Once the RSI has peaked, that is your indication to exit the trade. More money can be made, but this is the safest point I have found that GUARANTEES profit. (indicated by the Red Circle). (3rd fractal has two exit opportunities due to ascending triangle) 4.) Extra Step - Congratulations, you just rode a SNDL fortune fractal! May your account be as green as their products. lol. ------------------------------------ "We've been to the moon three times, it's time to go back once again." ~ Capt. Moki ------------------------------------ *** I am open to discussion about this idea, the more ideas the better for the community. ***This is NOT financial advise! it is simply my own strategy/ideas for SNDL! All traders MUST do their Due Diligence and adapt this into their own trading strategies as they see fit. Happy trading!
NASDAQ:SNDLLong
by Moki2tan
13