Tilray found a bottomI think we found our last impulse down to $12-$14. Bought under $14 for larger long term upside. Next levels to test would be $22-25 (green box).
2HQ trade ideas
TLRY - I AM INTERESTED NOWJumping on the weed wagon here. Using monthly logscale, I like the setup of the chart here and if triangle can hold, looking for something in the 30's.
#TLRY
TLRY Massive WedgeKeep an eye out on this massive wedge. Draw the lines, set an alert for a break of the upper trendline at $14. There's going to be a huge move coming on this chart. Invalidated on a daily close below $12.45
TILRAY - TLRY - BullishI was contacted by a concerned investor, here's some reassurance.
I've been interested in the booming Cannabis industry within the US & Canada - It's only a matter of time before more countries start to realise the medicinal properties of this.
Previous Close 12.83
Open 12.93
Bid 13.08 x 1300
Ask 13.09 x 1400
Day's Range 12.80 - 13.17
52 Week Range 4.41 - 67.00
Volume 7,612,316
Avg. Volume 24,820,344
Market Cap 5.903B
EPS (TTM) -1.36
Earnings Date Nov 08, 2021 - Nov 12, 2021
1y Target Est 17.60+
Holders
4.68% of Shares Held by All Insider
12.48% of Shares Held by Institutions
13.09% of Float Held by Institutions
401 Number of Institutions Holding Shares
NASDAQ:TLRY
TSX:TLRY
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FTX:TLRYUSD
SIX:2HQ
NEO:TLRY
SWB:2HQ
XETR:2HQ
FWB:2HQ
MUN:2HQ
HAM:2HQ
HAN:2HQ
BER:2HQ
FTX:TLRY0924
NASDAQ:NDAQ
OANDA:NAS100USD
CURRENCYCOM:US100
TLRY. old ceiling new floor first, then higher.price will almost definitely attempt to go lower. If it fails to do so, there could be a big buyer surge.
This is insanely bullish...I wish I had more money to invest.....This is the point many lines are gonna reach to each other.
$TLRY Bull Wedge and Some Targets$TLRY has a well-formed bullish wedge. There are two targets based on this structure.
TILRAY SHORT TERM OPPORTUNITY Tilray is a Canadian pharmaceutical and cannabis company, incorporated in the United States with primary operations headquartered in Toronto, Ontario. Tilray also has operations in Australia, New Zealand, Germany, Portugal, and Latin America.
Second asset of the cannabis sector analyzed. Bullish divergence on the daily timeframe flanked by a double top that heralds a probable bullish bottom. Target price $ 17 - $ 21. Take into account the riskiness of the sector when managing this asset. Plenty of room for maneuver for various investment strategies.
TLRY wants to get highWent long 100 shares $14.3 first target $18.5 with continuation to AVWAP at $23.3
Just an idea a breakout below the wedge invalidates idea..
Breakout above it's time to get high : P
Tilray in trouble short termWe are going to test 10.4-10.6 before breaking the downtrend channel. Earning could potentially give this stock a much needed "rebound".
Weeds on fire..!I would like to review my post on August 15:
Tough week ahead for Cannabis Stocks!
You judge the accuracy rate!
ADDED to $TLRY NEW Target 27.00 for 86.46%$TLRY Target 27.00 for 86.46%
Ok so I added here today to my underlying position.
I also played some options that expire tomorrow and I closed the call side out with a 50% gain even, and the put side with 38%… so I think I’m figuring this whole options thing out. Added to my position with my wins… 💃🏻
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
TLRY🌿: Make Me Have Beautiful Dreams With Money🌿😂$TLRY lately it's one of the largest companies in the cannabis industry. The merger with Aphria another competitor positioned this company in a better position in the market. Before two months this stock was also added to SNB's (Swiss National Bank) investment portfolio.
On 28-July-21 they also reported very good earnings . The results were the first from Tilray since it merged with rival Aphria in May and it resulted in very positive.
Buy @$13.80
Targets:
$15.37 or 11.38%
$16.85 or 22.10%
Thank you and Good Luck!
TILRAY WILL BECOME THE TESLA OF (MEDICAL) CANNABISDon't know about the rest of the cannabis stocks (and I don't care to be honest) but what I know is that since Tilray made a spring on 27 JUL 2021 at $12.54 and successfully retested same with a higher low today / 17 AUG 2021 at $12.78 ---shaking the remaining weak hands off the stock and trapping all the wannabe (short) traders who are spreading FUD while talking about the apocalypse (lol) --- then TILRAY will bounce hard from here GAP UP tmrw / 18AUG 2021 so to return back to her trading range and the 0.5 Fibonacci at $151 will not stop it in the near future!
TLRY - Looking for a rise to $17Rough W formation retraced back to support but still higher than the second bottom of W. Looking for a bounce up to $17 before seeing another retrace.
Tilray: Light after the Dark! 🌲🌲🌲The downtrend is still not over for the Tilray stock. It still has to move below $12.56. There, at the latest, the course needs to turn around and push to reach $31.34.
Stay trading!
Tough week ahead for Cannabis Stocks!ACB:
NASDAQ:CGC
NASDAQ:CRON
NASDAQ:SNDL
They lost their supports and it happened with increased volume!
I'm looking for short opportunities in the next week.
My previous Weed analysis was one of my best works ever!
Feb 3rd, 2021:
Feb 11,2021:
April 12:
TLRY. are we still legalizing marijuana? Wisconsin GOP shot down the most recent budget plan, which partially dealt with marijuana legalizing. Democratic governor meets republican representatives means Wisconsin probably will not do anything meaningful for a while. In the meantime Wisconsin residents travel to Illinois where they spend almost 100$ million annually on marijuana products.
Some other things shot down in the plan were increased tax breaks for the poor, investment in education and underserved communities, and increasing minimum wage. More of the usual. I can only ask myself why is the GOP so opposed to making life better for people? Is it because an educated and healthy population wouldn't vote for them?
TLRY - Daily - Triangle Breakout?TLRY, both bottom has a huge volume with price and RSI contradiction. Do you think it'll break? How far can it go?
