ChartSpartan

A possible turning point for Tilray?

Long
NASDAQ:TLRY   Tilray, Inc. - Class 2
Tilray may be hammering in the fourth wave of the of its March 2020 bull market. If price can find a bottom here the fifth wave could easily take it back to previous highs - a 10x move from here.

Comments

If we are about to enter the fifth wave then I don't think its going to go as high as you point out. Reason being, the 3rd wave is supposed to be the longest.

I hope this is the bottom because I'm down allot right now!!
Reply
ChartSpartan brandoncaddowyoung
J@brandoncaddowyoung, I didn't think the 3rd wave had to be the longest. Just that it cannot be the shortest out of wave 1, 3 and 5. The chart is looking pretty scary now, I was almost going to throw in the towel... hopefully that's a sign we are at the bottom. All Cannabis stocks are down today which softens the blow.
Reply
@ChartSpartan, Good point, didn't realise that was case. Yea I've got the towel ready, it just hurts to sell at such a damn loss.
Reply
how much experience do you have with this instrument?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter