TILRAY INC NASDAQ:​TLRY

Let's see if we have a bull or bear breakout UPDATE AFTER BREAKOUT OF THE ASCENDING TRIANGLE

This forecast fits the long term price channel and more recent price action.

The ascending triangle is most often a continuation pattern, so we should expect a bullish break to US $260 by the end of the year if the pattern plays out. This is support by Tilray's plans for global expansion and the decision today to legalise recreational use of marijuana in Canada. Recently the Tilray price has dropped despite a lot of good news for the...