2 Pot Stocks Looking To Find Support

Sundial Growers Inc. (NASDAQ: SNDL) and Tilray Inc. (NASDAQ: TLRY) stock lost ground Tuesday.

The stocks jumped Monday following the passage of the SAFE Banking Act in the House of Representatives and are now making a correction.  

Sundial Growers Daily Chart Analysis:

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The stock is trading below the 50-day moving average (green) and above the 200-day moving average (blue). This indicates the stock has been in a period of consolidation.

The stock may not see a large move until one of these moving averages is broken.

The stock is fighting to find buyers near an area that was previously resistance.

Key Levels To Watch: Sundial stock has a key level near 95 …

Full story available on Benzinga.com

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