Great short with limited risk and decent potential for gains.
Main PT: $2.6 *You are responsible for your entries and exits if you chose to enter this trade*
Canadian pot company Tilray Brands (TLRY) has been preparing for marijuana legalization in the U.S. to boost its business. Recent news made investors believe that federal legalization in the U.S. might be imminent. This report led to a surge in Tilray's shares by more than 40%.
Main PT: $2.6 *You are responsible for your entries and exits if you chose to enter this trade*
Canadian pot company Tilray Brands (TLRY) has been preparing for marijuana legalization in the U.S. to boost its business. Recent news made investors believe that federal legalization in the U.S. might be imminent. This report led to a surge in Tilray's shares by more than 40%.
Comment:
First Target: $2.90
Comment:
< $2.92 = <2.85 = <$2.78 = <$2.70 = <$2.60!
Comment:
Still in... just a liquidity grab before drop
Comment:
Expect more drop
Trade closed: target reached:
Final Target: $2.60 hit
Trade closed: target reached:
If you held, $2.35 hit! A -22% short!