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cautiousSnow20637
Feb 6, 2021 9:40 AM

TLRY correction before bull Long

Tilray Brands, Inc.NASDAQ

Description

TLRY is consolidating, currently approaching point 4 of elliot wave cycle.

There should be a correction phase around the highligted area before peaking towards 5.

RSI is moving down towards oversold (where I expect the price to move into the correction zone)

Ichimoku Cloud is currently green, and stock is priced way above EMA150.

Based on Fibonacci retracement, Expecting a dip to reach minimum 24.70, and bull afterwards with first PT of 33.70

Not Financial advice, do comment your 2 cents!

Comment

Still waiting for the correction.
edit : 8/02/21

Comment

CRAZY. New fibo retracement level at 36
Comments
kayj1s
whoopsie :)
cautiousSnow20637
@kayj1s, yeahp, still waiting
cautiousSnow20637
@kayj1s, finally
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