Looking at SNDL and we are definitely suffering with this one. Option play on this one is down like most of my positions, but i am not panicking. Im still bullish on the cannabis sector and i believe this year will be a good year for cannabis stocks. The 1 dollar price is important for this stock to move up, and if we can reach 1 dollar we can see a move up to previous highs. Market conditions will play a role and the MACD is in the red right now and the RSI is starting to head 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.