Trade ideas
Tilray Bullish IdeaTLRY 4H - Been trading within this channel for the past week or so. I believe the real move hasn't happend yet. Within the channel there seems to be an ascending triangle. Looking at the TTM Squeeze it seems to be squeezing for the past couple days. Once it pops and it picks a direction I think it'll have a big move. Needs to hold $19.30 for continuation to $19.97 which is near the break of the channel. Also plotted some fib extensions as price targets once it breaks out.
$TLRY bounce spotHI guys looking for possible bounce spots if we get a nasty short lived pullback on the indices, doubtful but could happen.
POTENTIAL ENTRY IF IT GOES DOWNSEEMS OVERBOUGHT SO MIGHT BE A SELL OFF SOON, POTENTIAL BUY IF IT DOES SELL OFF AT SUPPORT LEVELS
TLRY not done correctingSee if I can predict it agian. Last call was off 1$, not bad eyy..
Im loading up on 13 if and when we get there. Im in SQQQ's since yesterday btw. =)
Big Potential for TILRAY DailyHey traders, TILRAY is in a bullish push with strong buying volume issued with an upside down hammer candle shape. The TIMEFRAME M1 one sees a marubozu with a weak explosion of sale executed, it goes towards the lowest of the bollinger. Which corresponds to the beginning of the bullish breakout gap to swallow, TILRAY will re-test the bollinger points. Then go to the VWAP to test it, it will break and come to the top of the balance zone for a re-check.
Strong possibility of breaking out the price with the momentum then then the zone to interfere in the new one and to get on the high which follows. With an adjustment before the breakout (on the MULTI TIMEFRAME H4 and H1), not enough buying power to test the middle of the intermediate median of ANDREWS PITCHFORK.
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$tlry updated chart Great setup here on $tlry with a beautiful inverse head and shoulders with my .618 retracement level acting as the neckline. We also have a sneaky pitchfork drawn in here with price reacting to the median which is known to have major price action confluence.
A close below 18.05 would invalidate this setup
Other notes:
-The blue trend line is drawn from the same point as the pitchfork
-Watch MACD for a bounce or cross on the hourly time frame
TLRY Potential Flag?Hour/Minute Chart showing a Parallel Channel down at the moment.
Pre-market is crazily green today.
Plan: Buy a lower channel line instead of waiting for pattern to break
TLRY, Flag Breakout Protentional Flag Breakout. resistance sends for a retest. momentum picks up. target of $33 ( weekly resistance) with a slowdown at $30 (phycological and weekly VPVR level).
TLRY: Bullish PennantBullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
200MA ascending
250RSI above 50
If confirmed:
PT = 33.90$
TLRY Ready for a Wave 5 ?Been sitting on this chart for a bit, just started elliot wave, so i didnt know if it was good or bad. So far so good ?
TLRY falling wedge into trend support! After making a low of 17.07, TLRY recovered nicely all while holding the .382 retracement level
Minor Resistance: 19.38-19.52
Major Resistance: All time high of 22.52
Stop loss: On a break of the trendline on the hourly time frame I will exit this trade
I am looking to enter at open if price can hold the 9 day ema on the 5 and 3 minute time frames
Other notes: With overhead supply and a nice AVWAP from all time high, I expect very strong upward price movement if we can get above that level and hold.
The MACD is curling up and seller pressure is dying off!
TLRY - finding bottom? Short squeeze time?$TLRY ready for another leg up?
Falling wedge break out?
41.69% short float
TLRY over 18.23TLRY is forming a bullish descending wedge under yearly resistance, majorly bullish. Entry based on hourly resistance.
$tlry breakout on the R4 coming 24$beautifully resting on the resistance R2, for a breakout above 24$
Biden will boost this sector and Tlry will profit big
TLRY Liquidity Stock Alert UpdateLIQUIDITY STOCK ALERT UPDATE
$TLRY - Tilray, Inc. - Class 2 Common Stock
Initial Alert Price: $9.08
Price High: $22.59
% Gains/Losses: 148.79%
(-4% Less Than Expected)
Potential Stop Loss: $21.4605
TLRY hit $22.59 and has currently completed a healthy pullback and is showing signs of a continued run on the 30-Min and 1-Hour Time Charts after announcing that the company will be combining it's business with Aphria. The stock currently has found support at the $17.42 and we're looking to see this potential retest the $22.59 Price Levels before consolidating. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
