Trade ideas
$TLRY Tilray Trying to Bottom. Tilrays 4 month channel may be showing some some signs of reversing.
-The Price is currently at the Fibonacci Golden pocket.
- RSI bounced off previous lows
- Bullish Divergence on MACD
- Stochastic crossing
- 7MA now support
- Alert set for move above the 20ma.
Bulls will be hoping the channel breaks to the upside sometime soon as the election draws closer
$TLRY Tilray Ready to Rally or Dump ?
Tilray is on its last line of support, Fridays session seen a dip below the The Fibonacci Golden Pocket
and the Volume shelf. Below this level is surely capitulation.
Mid Channel is acting as support.
Traders should now be ready for a huge reversal or a huge dump.
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BuyThis looks like an absolute buy to me. First glance of Higher highs and Higher lows since 2019 id say this is about to make its turn about
TLRY BUY (TILRAY INC)Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign. Watch strong price action at the current levels for buy.
TILLY TILLY TILLYEVERYONE IS GONZO. BRING HER HIGHER PAT. STOPS ALL TAKEN AFTER EARNINGS DUMP. NO ONE LEFT BUT ME
TLRY: terrible sentiment, but...To say that $TLRY has been a disappointment for investors would be an understatement. After its infamous $300 in September 2018, the stock has steadily declined and has gone essentially nowhere since April.
Upon recent earnings, the stock has disappointed with some significant writedowns. If management can show profitability, this stock has significant potential because of its diversification.
$7 seems a good support to build a longer term position. Given the exit from descending channel, any positive news on this stock could send the price up significantly.
Tilray ShortNice H&S pattern on TLRY in overall downtrend. Reported earnings a few days ago which could
serve as the catalyst for a plunge.
I've seen many times now where a stock has a couple-day delayed reaction to earnings before making a big move.
Could be a nice short with a potential 60%-ish drop to get to the last support (prior low), which is not far away.
* Not financial advice, opinion only. *
Tilray TLRY LONGsee graphic for targets and stops. Longed options yesterday and received 50% already. Leaving it
$TLRY Weekly- Earnings tomorrow
- Rising RSI
- SItting on volume shelf
- Break of $8.35 has a lot of room to the upside
$TLRY Targets to watch for Tilray
Major move today after breaking above the 50ma.
Major pivot point at $9.20 is where the Bulls need to show strength .
Earnings are approaching and the stock has a very high short interest so maybe some short covering is underway.
TLRY resistance break to the upside.All 5 rows of red is clear from the indicator below; which means that they broke above all resistance! Price can now freely move.
amazing TLRYUpside potencial huge here trend reversal trade holding at 7 and 7.77 rsi amazing trade amazing
Tilray possible .618 fib targetHey everybody, If you enjoyed this quick analysis leave a thumbs up or comment your thoughts below!
We can see that the 10 and 30 moving averages are currently acting as support and that the price is at the top of the descending channel which could be a possible bull flag, and I have my targets set at the beginning of the flag and my next target is set at .618 fib which we saw act as a daily support back on March 2nd.
$TLRY Potential Trend-line Break
Potential for some continuation in TLRY today.
Alert set for break above trend line
Lets see if the dumpster stocks cab catch a bid again this week.
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