TRLY Undervalued / Fed Fix Long Setup

NASDAQ:TLRY   Tilray Brands, Inc.
The 2H chart on TLRY shows a volume profile showing the highest concentration of shares

traded at $2.65 or about 15% above the current price. Short sellers dominated there. Price has

descended down onto the support/demand zone. It is near to tow standard deviations below

the mean VWAP and so very undervalued.

Federal legislation intended to remedy the cannabis industry's issues with banking, commercial

loans and other financial liquidity has begun. This is huge for this subsector and could cause a

breakout from the deep undervalued territory.

I will take a long setup here for a decent amount of shares and hedge with a single

put option for risk management/insurance. ACB is similarly positioned.

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