I think this stock has reversed but it needs to get above a supply /consolidation zone ( which is circle in white brush). Will play to about 50~
Comment:
tilray has to hold current zone to confirm bullishness
Comment:
as long it maintains HL its good to take off
Trade closed: stop reached:
sorry folks i was wrong , that supply zone has been tough to over come this bullish pin bar that i saw weekly will invalidated if no longer makes HL ... to be bullish has to bounce soon , and when it occurs and makes HL on confirmation then ill confident its good. have seen these patterns before to where is plenty of deman near breakout point of the lows to maintain HL to rise ... but that yellow zone confirms bullishness
sorry folks i was wrong , that supply zone has been tough to over come this bullish pin bar that i saw weekly will invalidated if no longer makes HL ... to be bullish has to bounce soon , and when it occurs and makes HL on confirmation then ill confident its good. have seen these patterns before to where is plenty of deman near breakout point of the lows to maintain HL to rise ... but that yellow zone confirms bullishness