TLRY and its peers jump on high federal news catalyst LONG

AwesomeAvani Updated   
BATS:TLRY   Tilray Brands, Inc.
TLRY on the 2H sharge shows a draamatic trading response to the DOJ recommending the

reclassification of marijuana. No much to the analysis = these will have momentum until it

fades. I suspect good continuation plays here until mid -day on Friday when profit taking

and sell-offs will dominate. Short sellers will take positions at the tops as well. In the

meanwhile long trades are the low lying fruit.. The risk is a bit lessens by the surge from

the news. Others include SNDL, OGI , ACB and the ETF MJ for those who like to spread risk

across a basket of stocks. For the time being these stocks will be truly buzzed but do not be

late. Stay home if you are.
Trade active:
75% of the position closed for realized profit at 2.5 while the remainder of the position has faded. Holding for an unlikely second leg up.
Sideways and patient.
Trade active:
till holding and targeting 2.50 for a partial profit taking.

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