Looking at the daily chart SNDL has been beaten down over the past few weeks. We saw this go down below a dollar, but i did not panicked and instead kept holding in the hopes of a move up. A few states are in the process of legalizing cannabis which will be good new for the cannabis sector. Watch for the MACD to turn green, and the RSI is heading up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.