TLRY - Wave 4 is about to take place and I think this will be a sizable uptrend. SPY is breaking upward at the same time. TLRY will feed off of that if I am right.
Can you explain how your wave 4 could possibly extend past the “top” of wave 1? These Elliot waves are breaking rules and don’t make sense.
justinl619
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@Shadowfigure, The rules only work most of the time. Wave 4 has always been the more explosive wave. I never set a target on my wave 4 but I do have the major resistances drawn out.
mrglobing
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You seriously have to learn more about EW. "The rules only work most of the time" - thats a no go. There is enough flexibility in EW and enough variations, but yours is neither of it. If so make up your own rules, but don't call it EW.
cheynj
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This guy has a terrible track record. Just short whatever he is bullish on
justinl619
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@cheynj, I guess you sold your shares at the low. Oh well.
cheynj
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Hello, just saw this analysis and wanted to pick your brain. Can you please message me so we can chat about TLRY
justinl619
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@cheynj, Chat here please. I want other people to chime in.