Tilray - Still Has Room To Run
Daily Log Chart
On 11/5, Tilray broke out of the long term down trend with very high volume which signals a trend reversal. Price made a high at $12.20 then dropped back down to the accumulation zone at $7.
Price Target - $15
On 11/5, Tilray broke out of the long term down trend with very high volume which signals a trend reversal. Price made a high at $12.20 then dropped back down to the accumulation zone at $7.
Price Target - $15
Trade active
House passes bill to decriminalize marijuana. Still has to pass senate, but this could be a tailwind for cannabis stocks.Trade active
Update 12/9Gut check today. I think the bottom is in.
Trade closed manually
I was wrongNote
Still holding a little, but position greatly reduced
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.