TLRY shares recently triggered an "Ascending Triangle Bullish Breakout", which is often an extremely powerful long side pattern setup.But it can fail. And failures of this setup are often spectacularly damaging because investors often can't tell when to give up, and often give up in a crowd.
A move back under $7.50 would be bad at this point.
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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.