SNDL Inc. (SNDL) Now Trades Above Golden Cross: Time to Buy?
SNDLSundial(SNDL) Zacks Investment Research·2024-04-12 22:56

SNDL Inc. (SNDL) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, SNDL's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross." A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being the ...