The chart here really speaks for itself. $TLRY is coming to the end of the Falling Wedge it has been trading in since February and is very likely going to break out to the upside.
We are also seeing higher highs on the RSI while the price is dropping. This is bullish divergence, paired right at support, making this a very clean setup.
A very modest target will be $17 after successful breakout and in my opinion, has room to go higher.
We are also seeing higher highs on the RSI while the price is dropping. This is bullish divergence, paired right at support, making this a very clean setup.
A very modest target will be $17 after successful breakout and in my opinion, has room to go higher.