i made this idea because i noticed that when i had bought a share of Cronos group it went up and down and up and then down again but once i heard good news i noticed the stock doing much better and i realized thats because more shares were being purchased because other people had heard about it tooit is stil going up but i would not bet against it going down at some point
The way I see it is this is going to fall on earnings. Will think big boys will try to take it down to flush out the weak hands after hours. IMO i can also see pot stocks starting the move of bubble type bull run.
So I jumped into Tilray today, and the stock has been moving upward for the past week. I am not too sure if there will be a correction or will this stock continue to soar. I will definitely be watching this one tomorrow, and I will be looking to see if I should short or hold.
Entry- $25.50 Exit- $30 Sl- $24.50 ( any daily close bellow)
There have been three support levels for Tilray. Can she push a bit more, or fall back down to the mid to low $24.00 range. It could open with a push, and decline midday, or it could drop in price during the initial open. I will be watching this one tomorrow.
lets keep it simple. if you havnt check out my other crazy accurate charts, then go ahead! I dont like charts without data, but this recent IPO release should be positive for the chart. We can only really look at smaller time frames for this since its out for a few days, im playing bounce zones. No long terming here. we have buy signals starting to stack on...