SNDL Inc.Long
SNDL to briefly retest lows and push for new "highs"
Aktualisiert
Technical traders reply on the tenant that history will repeat itself. With such severe volatility brought on by WallStreetBets, a smaller timeframe is warranted for evaluation.
SNDL will continue bullish trend despite the shorts. A quick AM dip on 2/5 will lead to a strong ask in the mid morning. Looking for ~1.45 heading into the weekend.
Could test $2 mid next week after a retrace or 2. Weed is in the cards for 2021 no doubt.
Like if you like. Not an expert - just my idea, and I take my ideas to the BANK
Good luck!
SNDL will continue bullish trend despite the shorts. A quick AM dip on 2/5 will lead to a strong ask in the mid morning. Looking for ~1.45 heading into the weekend.
Could test $2 mid next week after a retrace or 2. Weed is in the cards for 2021 no doubt.
Like if you like. Not an expert - just my idea, and I take my ideas to the BANK
Good luck!
Anmerkung
Basic idea held, except I didn't expect the consolidation (triangle) to last the full day. I still believe upward trend will continue, but Monday could show a small dip to 1.10 before breaking out. Hanging on to my sack of shares.
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