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May 7, 2019 7:01 PM

TLRY Weekly Analysis 

Tilray Brands, Inc.NASDAQ

Description

TLRY formed a parabolic wedge bull flag which triggered last week. So far it is failing and testing the bull breakout gap around $40. The bulls will likely try to form a second entry for the wedge bull flag within the next few weeks. If instead the sell off continues, prices will likely test the tight trading range of the open around $20 and from there enter a trading range.
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