The daily chart of Tilray shows two whole weeks of bull flagging action, with decidedly lower volume on the down days.
It also remains above the 50MA,
Entry trigger: A final test and recovery of $46 or $45.33 with good volume.
Stop: Below $46
Max target: $54
Timeframe: very short.
Fundamentals: none
Instrument: Shares or $50 calls.
Other: Requires a risk-on market so watch for SPY making new highs, etc.
I will probably not trade this. This is more for my own experimentation and education.
It also remains above the 50MA,
Entry trigger: A final test and recovery of $46 or $45.33 with good volume.
Stop: Below $46
Max target: $54
Timeframe: very short.
Fundamentals: none
Instrument: Shares or $50 calls.
Other: Requires a risk-on market so watch for SPY making new highs, etc.
I will probably not trade this. This is more for my own experimentation and education.