Hello friends,
I've only just discovered these parabolic pot stocks and am very interested in trading them when I see some technical setups. I wouldn't be surprised if this is crypto pt. 2 . Like with crypto, there is value here, but it's a complete bubble. Will be looking to short the hell out of these at some point - not today though.
I am expecting a...
Tilray appears to be currently printing a classic hanging man on the daily while seeking to establish a stronger RSI(which it has just done reaching 90.4) from Aug. 27th RSI high of 89.47.
Stoch RSI is in overbought territory on the 4hr at the moment and likely headed southbound as indicated by the hanging man currently printing.
Given the substantial price...
Crazy run up, wish I bought in earlier. But looks like a good time to take a little profit, with an aim for reentry around the 50MA (blue line) and the Yellow Kijen line. I put Pink squares around areas
around areas of interest where the pattern repeats, it seems to have played out a few times already.
aicody.com
Company Summary
Tilray, Inc. (NASDAQ: TLRY) is a global pioneer in the research, cultivation, production and distribution of cannabis and cannabinoids currently serving tens of thousands of patients in ten countries spanning five continents. Tilray has reported financial results for second quarter of 2018 and six months ended June 30, 2018.
“We are...
TLRY has just entered my resistance zone. Only a crazy person would short this right now, but I'll be watching for topping action in
the coming days. Might be some profit taker going into the weekend especially with the huge sell off in other names. The TLRY advantage
getting Germany is probably over estimated.
TLRY had another strong day today with heavy volume into those close. Previous ATH was 97.36 which we broke twice today, but failed to close above, were also making a rising wedge pattern and having the double top is adding to the short case. Would like to see it stay in the wedge until the open tomorrow, and look for a short position out of the wedge. The volume...
