Is this the start of the bull market for TLRY ? There are plenty of signals to suggest that it is about to begin... 🔥 Not advice
Looks like a massive ZigZag has finished on Tilray. C-Wave is pretty much exactly .786 the length of the A-Wave (in log). If the impulse from the low is completed, it's a bit too early to call for a completed correction, though not entirely impossible, if this finishes as a Zigzag down (meaning we're currently in the C-wave). Timewise it would seem too short...
A bit of Fibonacci with some ineresting patterns that I've seen play out over time. Earnings coming up in January? Could that blow things up to the upside or continue our sideways pattern? I'm looking at this almost purely from a charting perspective. Would love to hear your thoughts.
Tilray Brands (NASDAQ: NASDAQ:TLRY ), once a shining star in the cannabis industry, finds itself in turbulent waters as its stock price struggles amidst a series of setbacks last week. Despite aggressive growth through acquisitions, Tilray's stock has plummeted, trailing behind major indices and leaving investors questioning the efficacy of its strategy. The...
Tilray has completed a type 2 bullish shark and caught followthrough price action on Friday. Long to the three targets. If you are seeing this late then I'd wait on a down day to enter, if it never comes then you've missed the entry and another opportunity will arise. We are also long on SNDL with a similar but weaker setup
TLRY in an auspicious rising channel with the upper line crossing $4.20 exactly on earnings day April 9th.
Tilray crossed bearish trendline (purple) and entered again into side channel 1.93$-2.10$ I think price will move inside the channel for some days berfore breaking out First target to reach should be the purple dotted line around 2.40$ Short term channel is bullish (green) but long term one remain bearish (red channel)
TLRY bullish falling Wedge imminent breakout, 2.38 support was reached and that will push the price higher above 3 - 3.25 LSE:CAD and more
This chart is pretty explanatory, and probably doesn't require much explanation. I'm bullish on this stock. I'm 90% sure Dems push cannabis legislation through as it's a bipartisan issue for the most part, and will look good for both parties pre election. Starts with credit cards and banks, imo. Don't follow green line path as gospel, it is often incorrect, but...
Dear, Readers. My analysis is completely based of market strucutre. The ticker has been making consecutive higher highs this was confirmed after a market shift when price broke and closed above 1.99 on the daily time frame. Now this does not completely confirm a bullish trend. When price broke above 2.09 high this confirmed that we have made that bullish shift...
Earning drop was intense but defined a new minimun that match with previous one Is it possible to define a new channelup I think price will consolidate inside resistance 1.90-2.10$ this week before gathering enough strenght to target upper border at around 2.60$
Yesterday earnings was almost in line with good look in the future revenue However price falled badly and yesterday candle broked down trend channel New chart to include yesterday daily candle, i think today price will go down near 2$ In the next weeks probably will be a test of the long term trendline (purple line)
Canadian market leader Tilray Brands ( NASDAQ:TLRY ) has weathered storms and is now charting a course towards growth and innovation. Despite recent stock fluctuations and an industry grappling with regulatory challenges, Tilray's resilience and strategic initiatives position it as a compelling player in the cannabis market. This article explores Tilray's recent...
the chart for TLRY has yearly target of 3.88 and implied volatility of 66% which when measured from the dip to the target provides a reference for that dip that you can buy with greater confidence
the target for the year is 3.88 , if you measure the range from the dip to the target you get confirmation of you bottom, you won't be flushed if you use this format in conjunction with the risk reward profile for the yearly view timeframe to get your max shares. You can also increase your risk reward ratio should the price drop by adjusting the risk reward line...
Tilray has been bullish in the last months but tomorrow earnings will be out and price can take a new direction I think earning will be good because of the new THC beer lines that will increase revenue
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 2024-1-26, for a premium of approximately $0.22. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.