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TLRY earnings on Monday

Long
NASDAQ:TLRY   Tilray Brands, Inc.
TLRY Q2 November 2022 earnings are on Monday 1/9/2023 at 7am. Tilray Brands (TLRY) reported a Q1 August 2022 loss of $0.08 per share on revenue of $153.2 million. The consensus estimate was a loss of $0.06 per share on revenue of $155.7 million. Revenue fell 8.8% compared to the same quarter a year ago. The company said it continues to expect Adjusted EBITDA of $70 million to $80 million for the year ending December 31, 2022. I'm posting this as a long because of the higher probability, lower risk, current technical setup entry point. TLRY at $2.75 is near its major support level on the TTCATR(beta) indicator, plus there's a bullish cross setup on piRSI indicator now also. Here's TLRY levels on the 1-day chart:

Q2 November 2022 consensus:
EPS = -$0.05
Revenue = $158.29M

SMA200 = $4.07
SMA20 Triangular Trend Channel ATR(beta):
top = $4.92
R3 = $4.62
R2 = $4.32
R1 = $4.03
pivot = $3.73
S1 = $3.43
S2 = $3.13
S3 = $2.83
bottom = $2.53

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
BBMC - bollinger bands
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
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