$Sundial Growers Inc.(SNDL)$that is why I ask all to turn the chart upside down to see the direction...
some days ago I had posted that there would be retracement then upward movement. or else the banker cannot face the option buyers (who went in at 0.89-1.10)
so if u are option buyer, u see current price u can do 3 actions - nothing, buy more or curse the banker. with index down, understandable that price is affect overall
we all forget and panic when we see price down - remember for every sell down, someone is buying or else the bid/ask will gap alot. we must ask is it banker doing this to hold price
Normally 1 entity cannot hold > 5% else must report to exchange. But banker can hv many hands to play or do many trades in 1 day.
We HV 8 more trading sessions before financial report is released on 17 mar (after hours)
Enjoy the ride, curse n swear or smile n laugh.
If you want greater heart palpitations, buy n sell crypto - bitcoin or ethereum. The intraday trading can be more profitable ☺️
(no financial advice is deemed to be provided by the above statements. )
Cheers
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