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stocktradez6
Mar 8, 2021 7:54 PM

$20ish for a deadcat bounce play if the market remains strong 

Tilray Brands, Inc.NASDAQ

Description

After years of political opposition, the republicans are finally out of the way. If the market remains strong, this could be a nice opportunity to add shares, preferably around $20.00--but not a full position.

The trend is down, but in the short to medium term, you might see some deadcat bounce activity. TLRY is a popular stock, and it appears to be highly manipulated. Mid to long term, favorable news about legislation could drive whales to accumulate larger positions

Just an idea of course. Invest @ your own discretion, lol.

Cheers

Comment

Would you buy now if you missed it?

Currently it's sitting at $23.57 in the premarket.

Hence, the age old adage: "it's easier said than done".

It's always easy to say that you could have done this, or should have done that, but as most of us know, the reality is, almost always, completely different.

Comment

I think it'll pullback again..

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It'll pullback to that $22.50 line if it does..

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SNDL seems to be one of the social media plays in the weed space right now.

Comment

Starting to pick back up..Broke the previous high from yesterday..

That $30 level looks key
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