Special request chart
But I’m along dcaing weed stonks
It looks to be breaking out
This next couple of months is key
Mid term target is 17.50 but if it breaks up from there and if we’re right about stonks still being bull overall and if dollar has topped- weed bubble 2.0 is a possibility
GRI 2022
This is not an advice. Just a journey for myself and for those who want to share thoughts.
I have been following this stock for 3 years now.
Absolute bottom is 2.65, could this be broken? Will we ever see 9 again? It seems so far away.
It looks like if $TLRY breaks the downtrend shortly and confirm the break out it could run up to the 200wma or longer term downtrend. With some bullish divergence on the weekly chart this adds to the bullish case.
Multi time frame bullish RSI divergence is coming in for TLRY and could be a large pop in the pipeline.
That said this one mostly takes from, not gives to buyers so a lot of care is required.
Not advice.
TLRY appears to be consolidating my previous first target 1:0.618 @ $3.42 just as NDX looks set to break out and so I think this is the anchoring fib that will prove to either be the bottom or a significant low.
Also earnings is coming up shortly and would you believe the 1:1 fib time extension for this 3 wave pattern is almost exactly at earnings.
Its as if...
I know it may seem like a joke, but actually 4.20-4.30 area is the resistance point for TLRY, over that and it could be a very large move up. Good luck
I think we will have a deadcat bounce with the mid term election coming up and then drop right back down to all time low. $1.xx long term target for now.
Yesterday cannabis stocks moved higher on news. Here's TLRY moving averages on the 1-day chart:
SMA50 = 3.51
SMA100 = 3.63
SMA150 = 4.35
SMA200 = 4.89
52wk high = 13.95
52wk low = 2.65
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being...
NASDAQ:TLRY
Tilray Brands Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. It operates through five segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, Wellness Business, and Business Under Development. The company provides medical and adult-use cannabis products;...
It's not certain yet but I see high probability for an Extended W pattern (double bottom) or a Head&Shoulders pattern (triple bottom).
First target=4.50
After the first target, there are two probabilities:
A) It may break the resistance and keep on rising.
B) Or, it may turn back from 4.50, form a "head and shoulders/triple bottom pattern" and then rocket!
Mid &...
Buy target is right under 3.33 when the gap closes. Sell targets are marked in orange. Red line is not accurate, it's is just there to display potential upside movement between buy target and final sell target.
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 /...
Someone here was cracking up on some Dad jokes. I think the joke fits the Tilray stock trend here perfectly.
We do see increased volume coming in but there are still people who want to sell. This incoming leg down should create a RSI divergence on the daily.
On the weekly, we are far from end of correction. However, I am expecting a huge deadcat bounce going into...
Love this here for a longer-term play
As mentioned, weed has been off the radar and we have a nice entry here for a swing.
LONG LONG LONG AND HOLD THAT SHIT FOR GENNY WEALTH
NASDAQ:TLRY
TLRY had 10% price range today' and finished with a Bullish Pennant
on the 15-minute chart. Accordingly, it is set up for an entry for the
long continuation.
TLRY showed momentum today by breaking above the double top
in the price action last week.
The uptrend is supported by bursts of relative volume beyond
the moving average of volume.
We are not out of the weeds yet. Get it?
stupid dad Joke
We are back down to buying prices and with inflation/fed rates priced in we've had a good month.
If we can break and hold above the downtrend line we could see a little rally to $6-$8 range.
I don't think it will last long though and we will more likely have a double bottom.
Seems like federal...
