SNDL is rising without enough specific strong news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $0,65; stop-loss — $0,74; take-profit — $0,56;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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are you sure? this gone a hit above 1$ in 3 to 4 days
KozakHlib
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@DOW_DAX, maybe. I suppose firstly it will fall to 0.56
anyajiross
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Unfortunately, after the senate win, I have to disagree. Now what could tank this stock is if Joe Biden down the road decides to not act on some of the things he said but as of now, I think if you got in at 0.55 at the least you will be a happy camper by the end of 2021. SNDL is notorious in the penny stock community because of it's previous pump to 0.88 and I'm sure this jump has caught the eyes of those looking to trade this stock again.
KozakHlib
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@anyajiross, my entry base on intraday sellers dominance. I suppose stock will fall today.
JNoob80
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@KozakHlib, Yelp.. Not again bro! 😂.. 908 mil vol today.. hmmm.
KozakHlib
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@JNoob80, I closed it at 0.6 on MOC with small profit.
koipond
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@KozakHlib, your of interest was just vice versa honestly. i used your point to entry for a option .. love the gains and the ideas bro plz dont be discouraged to post cuz it can help those who needed another POV
bless up!!