Buy above $9If price drops back below $9, I'm going to be having a word with the charting gods. The technical setup here is very textbook.
White boxes on the chart may be fractals.
(Essentially, waves of momentum that ripple through like little mirror signatures after the initial wave.)
Tilray has a crazy awesome bullish setup over the next month or two, but oddly other markets I am seeing bearish signs. The only explanation I can think of is maybe Tilray is partly seen as a recessionary play due to their alcohol business and capital is switching sectors. One positive sign for Tilray is even though it is listed in the Nasdaq, even while the Nasdaq was red today (01/02/26), Tilray was UP +7%. Unexpected bullish divergence.
The other option is that this is all liquidity based and it's just the fact that rescheduling cannabis should lead to greater liquidity in the sector.
Who knows.
But!
IF the gods aren't completely screwing with us, Tilray should revisit $15 in the next few months. If Trump comes out and says, "Actually, I lied, and weed is bad." THEN the rally could end and we reverse the whole thing.
I love this stock long-term no matter what.
I think when the U.S. Treasury goes tits up, obviously everything will enter crisis, but they'll love cannabis once we peasants really get pissed and start banging on the doors. They'll legalize weed while we enter a lost decade and reshuffle the monetary system.
One day, cannabis will be a commodity again, like wheat, cotton, etc., but that's just my opinion and a bit of a historical cycle thing.
