Trade ideas
TLRY - swing calls, day trade, or buy stock - great r/rThe green arrows show when price retraced, RSI also dipped below 50 and came back over the next day. If RSI is higher by end of day and price moves over yesterday's high, that signals more upside. Stochastic looks ready for a bounce.
Choose your timeframe and take profits accordingly. My initial stop losses: < yesterday close, < 30. It is better to reenter a trade than to lose too much capital.
TLRY Beats on EPS, beats on revenueAbove R1 after hours, successfully retested. 32% short float. Squeeze right into my pockets please.
Good luck tomorrow, everybody, and a big high five if you had the balls to play earnings.
TLRY Confirm the anticipated rangeAs discussed on Friday, $TLRY confirms the possibility for a $28-$35 range. Bullish close. We have 3 waves up. Could continue up directly from here (buying into earnings after hours) or consolidate.
Earnings will be key to momentum, I suppose. I really don't know.
Buy the dip on Tlry. Long term holdBeautiful retracement here on Tilray with gap fill to 30 with a big upside target gap fill in play.
We are at support here so its a good time to buy and add a cannabis stock to your portfolio if you have missed the epic pump this week. That pump was great for day trading, this play is a solid long term hold. The weed sector has been on fire this year and I expect it to perform well through Biden's presidency.
All time high on TLRY is around 300 so 30 is a fantastic buy and hold opportunity imo.
TLRY M15BULLISH BAT for SCALPING
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
TLRY M30Bullish BAT
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
TLRY 1HRBullish BAT
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
TLRY Cup and Handle On Hourly?Just an observation, could be indicator of short term continuation of bullish trend.
TLRY Long - Correction ExpectedTLRY - Correction expected. The only question that remains is will the correction become impulsive. Either is possible. Depending on structure we may move up higher only to retest support before trending higher. Idea is backed by company fundamentals and future regulatory limitations being lifted. Ambitious pre-roll targets support futher upside. Expect high volatility as hedge funds are locked and loaded on both sides of the trade.
TLRY Long Term Swing Idea$TLRY Tilray is becoming the biggest Cannabis company, anything below $30 is a gift. I also like $GTBIF Green Thumb Industries though, so I'll probably move my profits from Tilray into Green Thumb Industries.
Entry Price =$30 SL = $15, TP = $140. Risk:Reward = 7.33
