Just bought Tilray🌿 stocks @ 12.22, currently at trendlines & previous significant high confluence. Price needs to break up the red falling wedge. Target 122 which means 10x.
The blue uptrendline on log scale (imo false break down) and also higher volume this year shown below:
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Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
too much revenue incoming from financing for attracting investors???dunno just red balace sheet and i see there a problem, hope is the short squeeze...but newbe so dunno
i think this chart on daily tf should be seen in log scale
bizmark
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@warrenbuffettdemicasa, yeah, we already discussed this. To be honest I usually don't care much about fundamentals, I just trade the charts, and this is what i see. So let's wait how this plays out. Regarding the chart scale - I rarely use log, mostly trading regular. Anyway thanks for your comment!
i think this chart on daily tf should be seen in log scale