This stock made a solid 3000% rally. We all love to blaze it but at this point it seems very overalued to me.
Huge rally, double top , head and shoulders pattern.
I start builing a short position.
Huge rally, double top , head and shoulders pattern.
I start builing a short position.
Comment:
sick overhead volume. distribution happened.
Comment:
the weekly is a full body red candle breaking down the ma20 on solid volume, looks super bearish
Comment:
some bullish divergence on short term price action together with the add of Tilray on the NYSE.
Could allow another short entry around 26.60$. weekly and daily trend remains down
Could allow another short entry around 26.60$. weekly and daily trend remains down
Comment:
rebound is kinda strong, moving stop in profit
Trade closed: target reached:
covered short 25.10 dont like the price action, didnt expect the move up, so in doubt -> out.