I really really love trading TLRY. Always a good swing. — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
Thoughts now? Will it continue up to $21 or pull back again? thx
SPYder_QQQueen_Trading
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@psbassin, That is an excellent questions. What do you think? Personally - looking at the 1 day and the 4 hr charts... I think that we will hit the target before it pulls back. I will sell at 21.61. BUT if it pulls back I will double position at 13.01... (The one week chart still has room to go lower, but I think I will go up and hit target first, so make sure your sell orders are always set... sometimes it will run up in a flash and come down just as fast. GL...
(Sorry for the long answer... I had some edibles just as market closed, haha) GL
psbassin
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@LadyAmalthea12, Great thank you. Can you tell me why you think $21.61 is the target? Is it a specific fibonacci level? I'm a newbie, and investor. And very apropos that you had an edible haha!