Can we expect in SNDL today a continuous rise over the 19.44% of yesterday?

While **SNDL** had a significant boost of **19.44%** yesterday, August 1, 2025, is likely to see more muted action with potential for a **continuous rise**, but not necessarily a repeat of yesterday's spectacular gain. Here's why: 1. **Overbought Condition**: After a large rally like yesterday's, stocks often experience a pullback or consolidation as investors digest the gains. **SNDL** is no exception; it might cool down from the fever pitch of yesterday. 2. **Technical Consolidation**: The stock will likely consolidate around the **$1.72 mark**, allowing the market to absorb the recent news and adjust to the new reality of SNDL's valuation. A brief pullback to **$1.60–$1.70** could be healthy, depending on market sentiment. 3. **Market Sentiment**: The sentiment around **SNDL** is positive, mainly due to the **Q2 earnings beat** and the **strategic acquisitions**. However, sentiment can shift quickly if the market gets too ahead of itself. 4. **Short-Term Overheating**: With a **1.73M share trading volume** today, **SNDL** is already seeing significant interest. This could lead to a **profit-taking rally** if investors decide to cash out their gains. 5. **Analyst Expectations**: The **analyst community** is bullish, with a **$3.00 price target** from certain analysts. This could provide additional support if buyers align with the analysts' optimism. In conclusion, while **SNDL** might not see another **19.44% surge** today, it could still edge higher, potentially to the **$1.80–$1.90 range**, depending on how the market responds to the recent news and technical adjustments. Investors should be cautious and consider the following: * **Hold and Watch**: If you're already in a position, hold your shares and watch for signs of consolidation or a pullback. * **Trade Strategy**: Consider a **short-term trade** around the **$1.60–$1.80 range**, looking for bounces or pullbacks to get long or short. * **Long-Term View**: For those with a **long-term horizon**, **SNDL** remains a strong candidate for cannabis retail growth, especially with its **Canadian footprint** and **strategic capital deployment**. Remember, **SNDL** is a **high-risk, high-reward** play. Be prepared for volatility and have a clear strategy based on your risk tolerance and investment goals. |code|Ticker|Name|Date|Closing Price|market_code| |---|---|---|---|---|---| |SNDL|SNDL.O|SNDL|20250801|1.72|186| |code|Ticker|Name|Date|Pre-Market Trading Volume|Pre-Market Price|market_code| |---|---|---|---|---|---|---| |SNDL|SNDL.O|SNDL|20250801|1729505|1.74|186|