Tilray crossed bearish trendline (purple) and entered again into side channel 1.93$-2.10$
I think price will move inside the channel for some days berfore breaking out
First target to reach should be the purple dotted line around 2.40$
Short term channel is bullish (green) but long term one remain bearish (red channel)
I think price will move inside the channel for some days berfore breaking out
First target to reach should be the purple dotted line around 2.40$
Short term channel is bullish (green) but long term one remain bearish (red channel)
Comment:
Yesterday price tested lower support trendline at 1,71$
In the good scenario price rise breaking purple trendline as confirmation
In the bad one price go lower than 1,71$ nullifying current upside channel and going down to 1,60$
In the good scenario price rise breaking purple trendline as confirmation
In the bad one price go lower than 1,71$ nullifying current upside channel and going down to 1,60$
Comment:
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Yesterday Tilray reached the bottom of the channelup at 1.81$
Now it can recover or exiting down heading to 1.62$