A hanging man is a type of bearish reversal pattern, made up of just one candle, found in an uptrend of price charts of financial assets. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick TILRAY skyrocketed 1400% in 95 trading days, make it possible for this hanging man pattern to be the Top for the trend. If you have TILRAY, activate your exit plan. What is interesting for me is Tilray has all the criteria for hanging man candle IMO: Put options with risk management could be rewarding..!
@vanwalle, Just hold it..dont be emotional! through the last decade, I held TESLA, AMD and NIO when everyone was saying it was time to sell! you have to give it time..from my experience! I was once a doctor of osteopathy and left my practice because of financial freedom. Not telling you to buy or sell, just be careful when listening to individuals
vanwalle
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@santoc1986, Thanks for the kind words. I did close my position. Made a profit as I had been in before the hype.
Sp1d3r3
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This is a buying opportunity in my opinion. The fundamentals haven’t changed, the bull run will continue next week. I just went long on the correction.
Moshkelgosha
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@Sp1d3r3, soon you will find the difference between correction and trend reversal..!
Sp1d3r3
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@Moshkelgosha I’m keeping an eye on the support zone around 4.30. I think it’ll bounce in after hours trading