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TILRAY BRANDS INCTILRAY BRANDS INCTILRAY BRANDS INC

TILRAY BRANDS INC

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No rest for Tilray?Tilray Short Term - We look to Sell at 5.33 (stop at 5.87) Our outlook is bullish. A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level. The hourly chart technicals suggests further upside before the downtrend returns. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 3.92 and 3.18 Resistance: 5.50 / 8.50 / 15.00 Support: 4.00 / 3.00 / 2.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:TLRYShort
by Saxo
Tell Ray to...I mean Tilray...Tilray Brands, Inc. NASDAQ:TLRY Tell Ray to...I mean Tilray... okay, okay, okay. Tilray got himself in a descending triangle. My question to you is-Will Tilray get up and leave or will he fall down to his knees? Well, I've cooked up an answer of my own after analyzing the information he provided on the daily chart. My findings are recorded below. Pattern Identified- A descending triangle was identified on the daily chart for TLRY. www.tradingview.com Position Explained-Bullish divergence on the daily time frame. TLRY is currently in a downward trend. However, it is in a buy zone. Both the RSI and OBV indicators are pointing up at time of this post (after market hours 28 April 2022). Peace and Prosperity, Al *******This is not financial advice.**************This is not financial advice.**************This is not financial advice.*******
NASDAQ:TLRYLong
by MrALtrades00
1
Tilray Earnings SetupRecently my eye has been on pot stocks and the broad ETF AMEX:MJ for signs of life. Most seem to have forgotten about these stocks after years of disappointment. That's when I get interested. On a down day in the stock market at large Tilray NASDAQ:TLRY is UP on earnings. More importantly from a technical analysis standpoint the price had a beautiful hold prior to earnings of the 50% Retracement level of the March rally. This is the same March rally in pot stocks I have noticed above the board. While this opportunity may have passed with earnings it gives a glimpse into possible downtrend reversal. I will be watching this post-earnings price action for a setup. Pot stocks as a theme are now on my radar and they should be on yours as well.
NASDAQ:TLRYLong
by norok
2
CANNABIS: What Do You Need To Know About Cannabis Legalization?CANNABIS: What Do You Need To Know About Cannabis Legalization? After so many times the House passes landmark marijuana legalization bill" That is wonderful news when it comes to the cannabis industry. Considering the fact that with the actual situation they are covering only 3% of the market. With the complete process of legalization, It is already calculated that they will have an increase in the actual demand by 6 times higher. Big war between the companies is done for California, one of the biggest consumers of Cannabis in different ways. On the other hand, the actual California market is very active when it comes to Cannabis as all the demand is covered on the black market. So in reality the companies will sell it in the light of the sun for personal and medical use as well. “This landmark legislation is one of the most important criminal justice reform bills in recent history,” House Speaker Nancy Pelosi, D-Calif., said in remarks. What should we be careful about when marketing cannabis companies? Prospects for passing such a bill in the Senate appear to be low because Democrats would need all of their members and 10 Republicans to overcome a 60-vote hurdle needed to advance to a final vote. Technical Analysis: Considering all the positive development and the technical perspective that is already supporting the bullish movement we can see CANNABIS moving higher over the next weeks. However, we need to be very careful in this trading as it looks more like gambling right now as the market is waiting for Senate approval. 🟠This is for all the followers who are asking me how to trade cannabis now? You should be careful as CANNABIS should be approved in Senate as well. Probably you can risk and buy Options in this situation. In the worst scenario, you will have to lose only a specific amount of money and not be blocked on Cannabis shares or probably you can lose also big amounts at this moment as the price is frozen. 🟠This is not trading advice at all...it is only what I am actually doing now where the price has stopped moving. Thank you and Good Luck! Previous analysis 1: Previous analysis 2:
NASDAQ:TLRYLong
by KlejdiCuni
10
TLRY | CANNABIS | The House passed legislation | NEXT???☘️House passes landmark marijuana legalization bill -As reported by CNBC WASHINGTON — The House passed legislation Friday that would legalize marijuana nationwide, eliminating criminal penalties for anyone who manufactures, distributes, or possesses the substance. Lawmakers approved the measure in a 220-204 vote. The legislation dubbed the Marijuana Opportunity Reinvestment and Expungement Act, passed in the House last year, but did not move forward in the Senate. The tax would begin at 5 percent and eventually increase to 8 percent. Funding raised through the tax would go toward a fund to provide job training, mentoring, substance-use treatment, legal aid, re-entry services, and youth recreation programs. “This landmark legislation is one of the most important criminal justice reform bills in recent history,” House Speaker Nancy Pelosi, D-Calif., said in remarks. Thirty-seven states and Washington, D.C. have enacted laws legalizing medical marijuana , with 18 states and D.C. legalizing marijuana for recreational purposes The next and most important step is below: Prospects for passing such a bill in the Senate appear to be low because Democrats would need all of their members and 10 Republicans to overcome a 60-vote hurdle needed to advance to a final vote. However, considering all the positive development and the technical perspective that is already supporting the bullish movement we can see CANNABIS moving higher over the next week. Also, CANNABIS has been one of the most mentioned names on Wallstreetbets this week. Trade with care! Thank you for reading!
NASDAQ:TLRYLong
by KlejdiCuni
23