As of the most recent data, the S&P 500, which represents the performance of 500 of the largest companies listed on stock exchanges in the United States, is trading at an impressive level. The index has been on a bullish trend, consistently reaching new all-time highs in recent months. This upward trajectory can be attributed to a combination of factors, including...
On the chart we can see a falling wedge pattern. Our strategy is to enter long when the price breaks out of the falling wedge formation. Look for the volume increase in order to avoid the trading false break out. Target is shown on the chart.
On the 4H chart ACB has dropped out of a head and shoulders pattern list winter with high volume into a downtrend with lower volume now into support / demand as shown by the Luxalgo indicator. The anchored VWAP is also trending downward with support at the minus 1 and minus 2 standard deviations. The volume profile shows the majority of the recent share...
The 2H chart on TLRY shows a volume profile showing the highest concentration of shares traded at $2.65 or about 15% above the current price. Short sellers dominated there. Price has descended down onto the support/demand zone. It is near to tow standard deviations below the mean VWAP and so very undervalued. Federal legislation intended to remedy the...
TLRY Tilray Brands is close to the pandemic low on a huge Falling Wedge and a Double Bottom Chart Pattern. Looking at the TLRY Tilray Brands options chain, I would buy the $3 strike price Calls with 2023-1-20 expiration date for about $0.16 premium. TLRY Tilray Brands is One of My TOP Stock Picks for 2023! Looking forward to read your opinion about it.
Tilray Short Term We look to Buy at 3.18 (stop at 2.94) We look to buy dips. There is scope for mild selling at the open but losses should be limited. A higher correction is expected. Expect trading to remain mixed and volatile. Previous support located at 3.120. Our profit targets will be 3.74 and 3.99 Resistance: 3.75 / 4.00 / 5.15 Support: 3.20 /...
This stock can get some real momo off the .96c price, would be easy to time. But upside is massive in the coming year or two IMO.
Tilray Short Term We look to Buy at 3.09 (stop at 2.91) We look to buy dips. Trading volume is increasing. There is scope for mild selling at the open but losses should be limited. Expect trading to remain mixed and volatile. Previous support located at 3.10. Our profit targets will be 3.72 and 3.99 Resistance: 3.72 / 4.00 / 5.15 Support: 3.10 / 3.00 /...
Tilray Brands, Inc. NASDAQ:TLRY Tell Ray to...I mean Tilray... okay, okay, okay. Tilray got himself in a descending triangle. My question to you is-Will Tilray get up and leave or will he fall down to his knees? Well, I've cooked up an answer of my own after analyzing the information he provided on the daily chart. My findings are recorded below. Pattern...
Bought (100) TLRY at $8.22 then did a Sell Call with a strike price of $9.50. If It gets executed that will be 10% made off the 100 shares + $43 premium WIN WIN. TLRY does look like the bottom is in Could ride it to $52 if lucky!
Tilray - Short Term - We look to Buy at 7.44 (stop at 6.71) We look to buy dips. Trading volume is increasing. Previous resistance at 7.20 now becomes support. Last week Marabuzo is located at 8.56. Traded to the highest level in 70 weeks. Our profit targets will be 9.82 and 10.30 Resistance: 10.00 / 13.50 / 22.00 Support: 7.20 / 5.00 / 2.50 ...
It appears $TLRY is on its way up! Short term target $9.
A good momentum will come when it reaches the read rectangles once. Possible gain: 45-50%. Good luck in trades, buddy.
I have been studying TLRY for a long time.. this trade feels just about right with excellent entry Can it go lower ? yes! but downside is minimal then upside potential.. since this is a long term trade for me, and I would be adding even if it dips or even consolidates here.. this is looking like accumulation to me here SL is based on your position and risk...
Reversal patterns printing on daily, oversold stoch on weekly and selling momentum is slowing down. We might be bottomed out and this on has a good R:R. The support area should be help no matter what or this trade is a stop :) will try to update this in time.. Peace
Please note I am using the logarithmic scale for these charts. TLRY was in a clear downtrend for 78 weeks, and has since been consolidating for 34 weeks. with highs of $300, and a current price of 7.40, this thing has huge potential for a large bounce. on the 1W chart, we have been essentially range bound since the highs and have recently broken above. Trade...
$TLRY is looking like it is getting ready for another pump once it breaks out of current trend. My points being.... 1. Strong Bullish RSI Divergence 2. The Old Supply area is acting as a New Demand level as seen with the red arrows 3. TLRY is creating a Falling Wedge Pattern which is known for being a bullish continuation pattern 4. The ATR is in an uptrend...