Hi guys! I see a good entry point on Cannabis stocks like TLRY. We are ready to break out of this triangle so we have a good risk/profit ratio here. Put your SL under 200MA and under this triangle. TP1 - 50% TP2 - 100%+ Good Luck :)
reminders: 1. do not enter without the confirmation. 2. set your stop loss if entering with leverages 3. set your conservative TP Disclaimer: a negative catalyst can change a bullish trend Trade at your own risk candles may not follow the lines exactly, but it may follow the movement as specified.
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.
In my first ever post in tradingview on 15May'21 when cought the falling knife at the exact bottom at $13.41 gave you also the weekly prediction until next May 2022 when I expect Tilray to be above $120 and most probably next stop somewhere between the $121-$153 price range (unless ofcourse EU takes steps for legalization also hence next parabolic arc will be to...
When in doubt look at the bigger picture. The only thing u will regret is that you did not buy more. Squeeze coming to above $142 + Fibonacci (0.5) $151 range.
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 16.67 USD
This is strictly a technical analysis of Tilray and nothing more -- their financials are garbage and the stock is currently overpriced, but what isn't... I think RSI is in a good spot on the daily to really run up. Price has been rising along with volume, confirming the market's interest in taking Tilray to higher prices. First target is $22, and then second...
Merger Closes Q3 2021 Shareholders Proposal in August 2021 HEXO Acquires Redecan. www.globenewswire.com “Redecan’s unwavering focus on the consumer, along with lean operating principles and highly efficient automated manufacturing technology, have allowed us to establish a significant presence in the Canadian market,” said Redecan co-founder Will Montour....
Have received various requests on what is my idea after the Bullish ABC pattern ends up at D to above 120$. Actually It's difficult to tell since there are many factors which may influence the developments.. I mean if also EU takes steps for legalization by next May 2022 then it will not stop there and form an Arc to above 240$ . If not, then correction should be...
Looking for TLRY to range $40-44 and then advance up in the coming weeks. Looking to head back towards all time high.
High-margin medical cannabis agreements in Europe represent critical waypoints on road to conquer the U.S., bolstering the company’s future balance sheet and putting it on firm footing with European regulators. As in the U.S., legal recreational cannabis remains on the horizon in Europe, where a combined population of more than 500 million in the U.K. and...
Tilray, Inc. is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people's lives for the better – one person at a time – by inspiring and empowering the worldwide community to live their very best life by providing them with products that meet...
Im looking for a full legalization of marijuana in the whole western world by 2025. America and Canada first. Then Mexico and Europe will follow. Tilray are the largest company in the sector with the most contacts and legal paperwork in place. This company will be the largest stakeholder in the market and I believe a market cap of 100B USD isnt an exaggeration....
This is not an advice. Just my thoughts about Cannabis stocks. I personally believe in the product too and the market to grow. Tilray is going to merge with Aphria on 14th of april and on 21th of may they will tell their earnings in a report. I hope to see a retest this week to the 23 area. After a break of 23 we can see more up to 30 or even higher. It's also...
All of these cannabis stocks seem to be following the same trend as eachother! Tilray & Aphria merger coming soon! Tilray + Aphria = Tilray Aphria shareholders will receive .83 x 1 share of Tilray
APHRIA had been retesting at 18.80 for a couple days and today finally broke through and dropped a ways. If APHRIA drops to $17.50 and breaks the resistance it will be headed to break the $17 resistance line of the head and shoulders in which we’ll be seeing some lows again around $10 a share which would be good for a long term investment and entry before the 4/20...