I had some people asking me to make an update post on SNDL's current situation. As usual I am going to approach this from a fractal analysis (FA) perspective and I'd like to say that the "Fortune Fractal" Strategy is still valid! Looking at the chart, I drew out what appears to be another smaller bull pennant that formed after the larger one from earlier this...
Everything has lead up to this point , the Technical Analysis (TA) and the Fractal Analysis (FA) have both played out exceptionally well and have lead to this moment of truth. By the end of this week, if everything continues to go as expected, we could be seeing the explosion of the fourth SNDL Fortune Fractal ( coined by yours truly :D ). Let's go over what's...
***If you haven't read the first post, I would suggest reading that first part to get the full context of what I am about to talk about (check my profile). We are currently in the second step of what I coined the "Fortune Fractal" Pattern. The price action is around the SMMA 7 line, and it won't be long before a massive move to the upside could happen. I am just...
This 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...
There's a great opportunity for a quick play on GPRO at the moment. I have three conditions that needed to be met in order for this to work and they have all been met. I indicated the 3 conditions using circles in my chart. They are also listed below: (Triple-Indy's) 3 Conditions: 1.) RSI needs to be touching/very close to the "over-sold" line. 2.) MACD needs to...