Tilray is coiling up for a sharp move higher. The initial move had a clear 5 wave sequence indicative of an impulsive move. The correction has retraced perfectly to the 61.8% of the move up. Next week should see TLRY blast higher as it moves into wave 3 of 1 (the strongest of the elliott wave impulse moves).
Note
9th April 2020 - TLRY closed at 6.68 today. A 24% return on this idea already. The stock should now be gearing up to make a BIG move higher eclipsing the highs of 27th March.Note
24th April 2020 - TLRY closed up 18% today. This idea is playing out well and so far has returned 46%Note
29th April 2020 - Took a while buy TLRY is at 8.20 today. ROI of 47% on this tradeNote
21st May 2020 - TLRY at highs today. 74% return on this idea.Note
22nd May 2020 - TLRY at new highs. An 86% return on this trade so farNote
26th May 2020 - TLRY at 11.20. A return of 103% on this trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.