SEE ORIGINAL WITH DWEB ON.
Compton showing the first touch of the bottom line. This could mean it's already oversold though being it's the first time in this territory I use caution because there could be a bit of discovery along the bottom line.
DWEB indicator - simply marked next levels that will hold support / areas of balance. This is not a time to...
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...
1. weekly divergence
2. Daily structure is broke ** look the screen shot **
3. A reversal is more likely to happen
4. Am looking to buy near 5$ ish or 4,20 ;)
5. TP on chart
Descent earnings, one of the biggest MJ companies, looking for a reversal with an inverse head and shoulders, testing original head demand, this if successful will be one of the best price entries of all time.
Long it for a bong hit
This is more of a longer term position on the cannabis stocks, which used to be rolling it quite a while back...
Its the same old theory - buy what no one else does, look where no one else looks
Tilray a cannabis company from Canada, interesting position currently with share price struggling since IPO, However price has come back to this area of fair price and a move above $7 could cause price too shoot higher. Tilray are generally becoming more profitable slowly and surely, we could look to the Senate to open up Cannabis for continuation of TLRY rally...
I have a bullish bias on TLRY. With the pending approval of federal legalization, we could see a huge increase in valuation. Not only am I fundamentally bullish, but I am also technically bullish. It is sitting at the golden pocket Fibonacci retracement level and could see large order flow coming in soon. Overall, seems like a good investment. As usual, this isn't...
$TLRY appears to have bottomed,
This dip looks like an excellent buy opportunity at $6.35
Target 1 $10.6
Target 2 $16
Target 3 $27
I've called cannabis bottom in previous cycles. Hopefully I'm right again,
Moonbound, godspeed :)
Recently my eye has been on pot stocks and the broad ETF AMEX:MJ for signs of life. Most seem to have forgotten about these stocks after years of disappointment. That's when I get interested.
On a down day in the stock market at large Tilray NASDAQ:TLRY is UP on earnings. More importantly from a technical analysis standpoint the price had a beautiful hold...
CANNABIS: What Do You Need To Know About Cannabis Legalization?
After so many times the House passes landmark marijuana legalization bill"
That is wonderful news when it comes to the cannabis industry.
Considering the fact that with the actual situation they are covering only 3% of the market.
With the complete process of legalization, It is already calculated...
great opportunity for LONG TERM INVESTMENT!
the MPA at the moment is very low. great moment to buy this stock!
please check fundamentals!
make sure to use proper risk management and don't miss the returns!\
(this is no financial advise)
House passes landmark marijuana legalization bill -As reported by CNBC
WASHINGTON — The House passed legislation Friday that would legalize marijuana nationwide, eliminating criminal penalties for anyone who manufactures, distributes, or possesses the substance.
Lawmakers approved the measure in a 220-204 vote.
The legislation dubbed the Marijuana Opportunity...
Solid trend holding up well, range is pushing for a breakout above $8.73 which can push to $9.. A lot of noise around the cannabis sector in general anticipating the vote to decriminalize marijuana..
Good Luck and Protect your Capital !
