Simply put, a motive wave is a price movement in the direction of the main trend. In other words, each motive wave is a step forward during a rally. Motive waves always subdivide into five smaller waves according to certain rules. After 5 waves we expect a corrective move . Most of the time that move is a pullback. Then we can expect another serie of 5 moves....
As of the most recent data, the S&P 500, which represents the performance of 500 of the largest companies listed on stock exchanges in the United States, is trading at an impressive level. The index has been on a bullish trend, consistently reaching new all-time highs in recent months. This upward trajectory can be attributed to a combination of factors, including...
If you haven`t bought TLRY here: Then analyzing the options chain and the chart patterns of TLRY Tilray Brands prior to the earnings report this week, I would consider purchasing the 2.50usd strike price Calls with an expiration date of 2024-3-15, for a premium of approximately $0.55. If these options prove to be profitable prior to the earnings release, I would...
AT A GLANCE Simplistic Analysis: buy wave to the ceiling. Trade Type: Touch & Go don't wait for a close. Research Depth: technical glance only. Earnings Anticipations: positive surprises for EPS & Revenues. Surprise-confidence on a scale of 0-5: 2.5
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...
very bullish on cannabis here we go legalization cannabis 20x already hit $90
We will see how high this thing goes. Buying Cheap very near-term Calls!
MONTHLY TRENDLINE BROKEN “Cannabis Stocks to Explode” by Awaken Soul🖤 #investor #investing #cannabis #weed #cannabisstocks #weedstock #weednews NASDAQ:ACB NASDAQ:CGC NASDAQ:TLRY #stockmarket
Forbes: a top official at the Department of Health and Human Services released one of the most consequential announcements ever made at the federal level concerning cannabis prohibition. The agency formally recommended that cannabis be moved from Schedule I of the Controlled Substances Act, a classification for drugs that have a high potential for abuse and no...
I like the RR setup. Buying pullback zone with stops below the 50ma to start.
Looks like the bottom is finally in. I expect a move to $5, then pullback to the blue MA and then massive ripper to the upside.
Tilray may have put in an island bottom, more cheap money?
Following on from Will add more if the cup and handle executes. This is a long term hold, wait and see and if nothing doing store in the sock draw and check back in a few years.
Tilray expected highs in 2 year period ranges from $7.15 to $29 if Fibonacci circles are accurate. This chart is for educational purposes and cannot be considered as financial advise, please consult an investment professional for any financial decisions.
Tilray bounce of the Fibonacci circle low ad looks to be starting a new bull market. The monthly chart is turning indicating a change in direction for these shares.
Tilray, a prominent player in the cannabis industry, has recently disclosed positive advancements in both financial and operational aspects. These developments not only indicate a promising trajectory towards profitability but also reflect the company's persistent efforts to establish a sustainable business model. Diversification Through Acquisition of...
TLRY dropped from a Head & Shoulders in the winter into the lows in June and July with a lot of trading and accumulation as shown by the volume profile and its POC. Today TLRY took off for a big gainer of a day. But why and can it continue, The 5-minute chart shows plenty of volume support for today's move. The 4H chart shows a scorching rise into the...