Tilray tested its resistance three times and finally broke out. Now its testing the new support. If it stays above and build a candle above the support, this could be a good entrance. The SMA shows a bullish crossover.
On the other hand the RSI looks bearish and is maybe too high. The MACD shows a bearish crossing, too. And the Volume is going up - but maybe not enough to make a breakout.
Would love to hear your ideas about this!
On the other hand the RSI looks bearish and is maybe too high. The MACD shows a bearish crossing, too. And the Volume is going up - but maybe not enough to make a breakout.
Would love to hear your ideas about this!
Comment:
This worked out very well. We hitted the resistance at 2.9. Now there could be a healty retracement back to 2.30. Here would be again a good entry. After that we could return to 3.20 or above.
Comment:
We dipped to 2.30 and endet there with a bullish hammer. Lets see if we go up as planned from there on monday!
Trade active:
Looks like we get a bit nervous because of the upcoming earnings tomorrow, but we are still on track and even testet 2,50. RSI looks good and the MACD shows a small bullish crossing on the 1H frame. But all depends on the numbers tommorow. I think for now the fundamentals are more important fot the way from here.
What are your expectations?
What are your expectations?