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SNDL Inc (SNDL)

NASDAQ
Currency in USD
Disclaimer
1.9850
+0.0350(+1.79%)
Real-time Data

SNDL Comments

Very shortly: the weekly timeframe shows a rounding bottom, a clear and strong reversal pattern which is clearly telling us that the beatish cycle started on aug 2019 is over.Moreover, on the daily timeframe we are very close to a golden cross, meaning that the moving average of the last 50 days of trading is going to cross and start moving above the 200 days one. Once this cross happens it’s gonna be an extremely strong bullish sign which will finally and clearly tell the sellers that their party is over. This scenario could switch on the rally button.I look forward to seeing this cross anytime soon.Holding 10,000 shares at 1.17$ with my first target being the August 2019 IPO prices at 13.5$.Let’s hold guys!
I am just sharing my thoughts. Is it so weird to you?
The golden cross already happen back in january no ?
if you’re looking at the simple MA , yes, but not yet for the exponential MA
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