SNDL finally putting in a higher low. We got that Classic Bullish divergence and now it appears SNDL has backtested weekly support as support yet again at $0.46. The chart is saying we're going to get some sort of rally. Keeping the stop loss below that previous low around $0.40 makes sense when SNDL can easily go on a 50-200% streak in the next month or two...or it could fail. Keep emotions in check on these weed stocks.
Entry: $0.50
1st Target: $0.92
2nd Target: $1.10
3rd Target: Moon
Edit: Ignore the white line on the RSI, that doesn't have anything to do with my trade setup. The MACD is the classic bullish divergence.
Entry: $0.50
1st Target: $0.92
2nd Target: $1.10
3rd Target: Moon
Edit: Ignore the white line on the RSI, that doesn't have anything to do with my trade setup. The MACD is the classic bullish divergence.
Nota
SNDL is looking strong. I sold 33% of my stack. 50% gain in a few days is a solid enough move to secure some profits for me here.Nota
Sold another 33% at $0.89 pre-market. I'll let the rest ride.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.