trader_se

Tilray (TLRY) - Weekly chart - Long scenario

Long
NASDAQ:TLRY   Tilray, Inc. - Class 2
Looking to buy some Tilray if following should happen:

1. Price goes above the Resistance (orange line)
2. Price should create a higher close than last swing (blue line)

Would buy then on a retest of the yellow trendline.

Target: A weekly supply level also close to 50% Fib level.

Taking out that High (red line) would be interesting from a liquidity aspect.