TLRY :/wimpy play here, but pointing out the obvious compression after the exponential run up.
We tagged the long term trendline and are bouncing in a corrective ABC structure.
2 potential target zones identified depending on the size of this bounce.
Using other SPACs, Us major indices, and DXY as a proxy for this play, I actually favor the higher targets near $19.
Ultimately I think this compression breaks down, either using the top of the gap or filling the gap as a bounce zone at $10 before continuing higher.
More often than not you actually break out of triangle compression, but sometimes you pierce through the bottom, as I am anticipating
TLRY
Tilray to $30 -- getting highThis is strictly a technical analysis of Tilray and nothing more -- their financials are garbage and the stock is currently overpriced, but what isn't...
I think RSI is in a good spot on the daily to really run up. Price has been rising along with volume, confirming the market's interest in taking Tilray to higher prices.
First target is $22, and then second target would be $30. I am foreseeing a larger harmonic structure forming here with price rising to $30, which coincides with the .5 fib.
This is not the optimal place to enter this trade, but if you have the kahunas on you, then by all means go ahead and long here.
$TLRY Target 21.97 for 26.19% $TLRY Target 21.97 for 26.19%
Or next add level is at 12.65
Oh snap... cannabis stocks are on the move today...
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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.
I start every position with 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.
Bitcoin Crossed Below 200 EMAI can not convince you that Bullish run for bitcoin has Gone!
Atleast check all my previous Bitcoin analyses!
I did whatever could do..! decision is yours to make!
I asked short Bitcoin on April 13, 2021, when it was 62-64K
I predicted NIO top on January 11th, 2021 (2 weeks before it happen).
Tesla Top on February 17:
NYSE:GME
when it was 325 on January 30th, 2021
NASDAQ:TLRY Top on February 11th, when it was 63!
Whole EV maker sector on February 18:
NASDAQ:RIOT top on Feb 18, 2021 when it was 62
I asked everyone to buy Gold when it was 1700 on March 6th,
Many people called me stupid, scammer, ...etc, but at least I know I started this to help others!
I know I had mistakes but review my works and judge yourself..!
Moshkelgosha
Tilray Inc (NASDAQ: $TLRY): Marijuana Prohibition Boom 2021 🌿🌿Tilray, Inc. is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people's lives for the better – one person at a time – by inspiring and empowering the worldwide community to live their very best life by providing them with products that meet the needs of their mind, body, and soul and invoke a sense of wellbeing. Tilray’s mission is to be the trusted partner for its patients and consumers by providing them with a cultivated experience and health and wellbeing through high-quality, differentiated brands and innovative products. A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and alcoholic beverages.
NEW POSITION $TLRY Target 21.61 for 24.84% $TLRY Target 21.61 for 24.84%
Or next add level is at 13.01
I really really love trading TLRY. Always a good swing.
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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.
I start every position with 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.
APHA & TLRYNASDAQ:APHA NASDAQ:TLRY
Hi Guys, this is my TA on TLRY and APHA. I had help from my friend, He also helped me with the Price Targets. He's really a GOAT.
Plus, these two companies planning to merge.
MJNA is going to go through the roof IMO 😳OMG, this is finally happening folks. The house passed the marijuana banking bill, and the senate is now dem controlled. The act passed with 76% approval in the House. If the Senate can get the same level of support, this bill will pass whether the president wants it to or not. Who knows, the President may support this bill. I've been waiting a decade for this news. 😵
Tomorrow is the time to get on the boat. 😳
$TLRY Celebrates 4/20 with Dive to Test Major L-T SupportTLRY is another cannabis name that has suffered a brutal corrective run of late. But bulls watching the Log charts have reason to get interested here as the stock pukes down to test key trendline support matched up with price/range level support to celebrate 4/20.
🌿 Tilray - TLRY: Another Good Move UpHi mates is perfect setup for mean reversion trade in NASDAQ:TLRY
here is data for my trade:
------------------------Trade setup ---------------------------
Entry: 18.13
Stop Loss: 14.87
Profit target: 28.18
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