2HQ trade ideas
$TLRY exited same week, looking to JanuaryI didn't want to gamble on same week anymore, exited same wee $15's earlier for a nice gain...looking for a call spread that I don't have to manage and wait for a real squeeze if it happens. Maybe a $30/$40 call spread for 1/21/22 at $.21
Trade Idea: TLRY Trend ReversalTrade Idea: TLRY Calls
Major Confluences:
- 9/21/50 EMA Crossover on the Daily time frame.
- Strong break above major resistance trend line.
- Major Buying Pressure above the 9/21 EMA's. Prev. close had over 2X the avg volume.
- Stochastic overbought, will be watching for a pullback around the 12.50 price level to hold for an entry on a shorter term day trade.
Disclosure: This is not financial advice and is to be considered my own personal opinion.
TLRY - LONG3D and Weekly charts are prime for a leg up
Enry: $12.75-$12.40
Stop Loss: $12.11
Target: $19.90
TLRY momentum continuationTLRY has found a nice bottom at the 9.90 range and has almost created a perfect W double bottom and coming up on some key resistances it looks like it may want to blow past. Prior resistance at the 14/Sub 14 level
HEXO - Magic ShowChart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 2.23 CAD
Big Moves SpeculationFundamental:
1. With indication of legalization, TLRY could potentially catch up nice momentum here.
Technical:
1. Clear breakout, This might push TLRY to previous highs. I've taken entry on dump after breakout.
Note:
Currently posting only TP1
I would like to see the sector movement as it approach the target
TLRY rhymes with one day...Look at my trash analysis, it doesn't matter. I think it looks like a good place to buy, tightly SL. All cannabis stocks eating shid, picked one.
TLRY nice bottoming patternNot really sure about weed companied but the chart pattern is certainly lovely on the daily
This can pump hard when it wants to
looks like a nice double bottom was put in.
ill probably long the BO stop at 11.40
$TLRY holding above the smas...We are working on our 4th day above the 8 and 21 day smas. This is good news, the last time we broke through and held the smas, we had solid moves. Just need the market to cooporate. Holding some 11/19 $15's and same wee $13's still that I will roll out today.
$TLRY volume study...I like to use the VWAP and volume bars to help identify areas of support and resistance. This is something I am working on is identifying areas where a stock could blow through based on a lack of volume in the price range...let's see if we breakout if we go through fast to $13.50's. Good luck to all!
$TLRY Tilray looking strong above $ 12.50If $TLRY can break and hold above $ 12.50, it looks ready for higher prices.
TLRY Nice Breakout potentially - Nice call option action today(Opinion only)
Buyers targeting the $15 strike 11/12 exp.
$TLRY starting to run...Finally getting a double digit day to start, if we close up around $12, I looking for another breakout day tomorrow.
TLRY analyse . i think it will go up this week after respecting the S/R areas in the chart for last week . i think it's the time to get the entry . That's My Personnal Opinion. Hope You Like it.
TLRY might have bottomed. Great entry opportunity?Fundamentals for weed stocks are not hot. TSX:WEED didn't see strong earnings and can't predict profitability anytime soon.
The cannabis market hasn't kept up expectations and we are seeing that reflected in the stocks. With all the bad news there may be some good.
It looks like TLRY is bottoming and if it has a clean breakout it could give an opportunity for some big gains. I don't believe this will happen unless we see some positive news for the cannabis sector though, and overall positive fundamentals.
Keep your eyes on it.
Tilray Bottom Before New YearI am predicting max bottom around $8.93.
Next year will be a great year for Weed stocks!
$TLRY it's a start...But now I want a real decision to be made on the price, a 10% day up or down will show some conviction with this stock. Single digit moves are much for this stock, so if we can get a 10% day some time this week, I'll feel confident on the direction.
$TLRY the og sniper*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: On 10/22/21 My team entered $TLRY at $11.56 per share. We still plan to take profit at $29 per share, but just for laughs we have added a new exit for $TLRY at $145 per share.
My team increased our position at $10.30 per share on 10/29/21.
Their next earnings report is expected to be released 11/8-11/12.
ENTRY: $11.56
TAKE PROFIT: $29.00
MEME STOCK ABSURDNESS: $145
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$TLRY straddle...Thesis is this will not stay at this price forever, and when it moves it usually make a big move. So 11/19 $13 call, $9 put at about $0.23.
Tilray - descending wedge Clear descending wedge pattern. All we need is volume at the break of resistance for confirmation.
TLRY Falling Wedge Best Case Scenario IMOWatching for a bear flag to form next few days followed by a big capitulating move down to fill the gap, test $9 or the 2021 low, and then whipsaw back up.
If it could then hold the 50MA and make small higher lows, build some upwards momentum, then it could try to test the last big breakdown level at $17.
$TLRY still liking it here...Weekly MACD curling and looking to go positive soon, RSI starting to gain, consolidating after the bounce last week...liking a move to $13.50 soon, next week and two week out $12's look nice...
