TLRY: Critical Support @ ~7.50, with Room to Decline
Ignore the rocketship emojis and people that are clearly using TLRY's products before posting analysis. We're at a critical support level, pre-2021 hype accumulation from meme-age. If it holds 7.50, great, it may not decline further. Sell volume seems to have tapered off, and while risky, we could be at a good entry. However, the synergies promised by Aphria have not been fully realized, and TLRY has shown willingness to dilute existing shares in order to continue aggressive acquisitions.
Tight stops and careful plays if you're entering; I'm bag holding from too long ago not following my own advice. Good luck. Not a financial advisor, I do have a position in TLRY that's been my worst play of the year.
Tight stops and careful plays if you're entering; I'm bag holding from too long ago not following my own advice. Good luck. Not a financial advisor, I do have a position in TLRY that's been my worst play of the year.
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