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OTOP 33: DOW Swings and Falls, Trade This Market! (ENG) - 22-03-2021
Every Monday 9am Singapore time (GMT +8 hrs) we'll take less than 10 minutes to share a market secret with you. Watch it now or Miss it!
CALGARY, AB , Nov. 11, 2021 /PRNewswire/ - Sundial Growers (Nasdaq: SNDL) ("Sundial" or the "Company") announced today that that its Board of Directors (the "Board") has approved a new share repurchase program (the "Share Repurchase Program") which authorizes the Company to repurchase up to C$100 million (the "Share Repurchase Amount") of its outstanding common shares ("shares") from time to time at prevailing market prices, enabling Sundial to opportunistically return value to shareholders. Pursuant to the Share Repurchase Program, Sundial may purchase shares from time to time at the discretion of management through open market purchases, privately negotiated transactions, block trades, derivatives, accelerated or other structured share repurchase programs, or other means. The manner, timing, pricing and amount of any transactions will be subject to the discretion of Sundial and may be based upon market conditions,
Lucid Group ( LCID +12.6% ) continues to rise as positive reviews on its recently delivered electric vehicles arrive. The company's luxury electric sedans start at $77,400 and provide drivers with an industry high official EPA range of 520 miles, 100 miles better than the second place Tesla Model S. Given the high price tag, the company poses the biggest threat to the Model S, which is Tesla's (NASDAQ: TSLA ) most expensive sedan with a starting price of $94,990. Lucid is planning to release its Project Gravity SUV in 2023 which will compete with Tesla's Model X. The threat may not affect Tesla too much, though, if Lucid decides to stay at higher price points. Tesla makes the majority of its revenue from its cheaper Model 3 and Y SUVs. In Q3, just 3.8% of Tesla's unit deliveries were from the Model X or S. Lucid is following Tesla's model of displaying vehicles in malls and will open its newest retail location at Tysons Corner Center in the Washington, DC
It’s late night. But I have to share another exciting stock. SNDL from the signal at hourly chart is breakup 1. From weekly, just start. Here, we looking for breakup 1.3 first. Then, next breaking point is 1.8. After can break this tow level resistant, we will hold until it flight to 4. Good luck.