Tilray
Short Term
We look to Buy at 3.09 (stop at 2.91)
We look to buy dips. Trading volume is increasing. There is scope for mild selling at the open but losses should be limited. Expect trading to remain mixed and volatile. Previous support located at 3.10.
Our profit targets will be 3.72 and 3.99
Resistance: 3.72 / 4.00 / 5.15
Support: 3.10 / 3.00 /...
Tilray
Short Term - We look to Sell at 5.33 (stop at 5.87)
Our outlook is bullish. A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level. The hourly chart technicals suggests further upside before the downtrend returns. The bias is still for lower levels and we look for any gains to be limited.
Our profit...
Tilray - Short Term - We look to Buy at 7.44 (stop at 6.71)
We look to buy dips. Trading volume is increasing. Previous resistance at 7.20 now becomes support. Last week Marabuzo is located at 8.56. Traded to the highest level in 70 weeks.
Our profit targets will be 9.82 and 10.30
Resistance: 10.00 / 13.50 / 22.00
Support: 7.20 / 5.00 / 2.50
...
It’s falling and falling and will continue to fall for a little longer. This should go on until a little under $9.73. There, the correction should finally end and new increases should follow.
Be patient!
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
Tilray is a Canadian pharmaceutical and cannabis company, incorporated in the United States with primary operations headquartered in Toronto, Ontario. Tilray also has operations in Australia, New Zealand, Germany, Portugal, and Latin America.
Second asset of the cannabis sector analyzed. Bullish divergence on the daily timeframe flanked by a double top that...
The downtrend is still not over for the Tilray stock. It still has to move below $12.56. There, at the latest, the course needs to turn around and push to reach $31.34.
Stay trading!
Hi guys!
I see a good entry point on Cannabis stocks like TLRY.
We are ready to break out of this triangle so we have a good risk/profit ratio here.
Put your SL under 200MA and under this triangle.
TP1 - 50%
TP2 - 100%+
Good Luck :)
Looking to buy some Tilray if following should happen:
1. Price goes above the Resistance (orange line)
2. Price should create a higher close than last swing (blue line)
Would buy then on a retest of the yellow trendline.
Target: A weekly supply level also close to 50% Fib level.
Taking out that High (red line) would be interesting from a liquidity aspect.
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 16.67 USD
The potential for huge growth in cannabis companies is obvious. The spike we have seen in the past week has retraced almost all the way back to where it started, this offers a great chance to re-enter longs. The spike may have been caused by the Reddit craze nonsense which explains the big dump as well but this is still a good trade/investment.
I would like to...
TILRAY is also following the cannabis rally, even though the fundamentals aren`t there:
891.954M MARKET CAP and Net Income (FY) -321.169M. :)
So be careful with this one. It`s not life VFF (by the way, a great stock).
Tilray engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids.
If you are interested to test some...
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Yoooooo, what is up family? Tilray has been bearish since its epic run back in 2018. That said, we are finally seeing some green here (pun intended). Looks like we are about to get a confirmed uptrend, let's break down the logic behind our Tilray strategy.
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STRATEGY USED:Momentum...
