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BeardedSince
Apr 23, 2021 2:46 PM

Trade Alert: TLRY Long

Tilray Brands, Inc.NASDAQ

Description

Hello Traders,

Swing setup here for TLRY.

Rumors/News (Aphria Merger and Legalization across US) + Chart Analysis Looks positive. Looks like we found Support @ this $16 price range. Looking for some confirmation today/tomorrow. Should be heading towards $20 which should create more buying pressure and then it's game on to $30+.

Good luck!

*As always, please leave a like if you find this idea useful, thanks*
Comments
RollinTheDice
Bought some yesterday at $16. Looks like a good one!
MikeTheRoman
Given merger rumors, where for each APHA share, you'd get 0.83 shares of TLRY, wouldn't we expect a drop in TLRY and rise in APHA once the merger is announced? Just wondering what your thoughts were on that and how it fits with your chart analysis.

Great work and keep it up! :)
wiberg74
Looks good, agree with u!
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