After making a low of 17.07, TLRY recovered nicely all while holding the .382 retracement level
Minor Resistance: 19.38-19.52
Major Resistance: All time high of 22.52
Stop loss: On a break of the trendline on the hourly time frame I will exit this trade
I am looking to enter at open if price can hold the 9 day ema on the 5 and 3 minute time frames
Other notes: With overhead supply and a nice AVWAP from all time high, I expect very strong upward price movement if we can get above that level and hold.
The MACD is curling up and seller pressure is dying off!
Minor Resistance: 19.38-19.52
Major Resistance: All time high of 22.52
Stop loss: On a break of the trendline on the hourly time frame I will exit this trade
I am looking to enter at open if price can hold the 9 day ema on the 5 and 3 minute time frames
Other notes: With overhead supply and a nice AVWAP from all time high, I expect very strong upward price movement if we can get above that level and hold.
The MACD is curling up and seller pressure is dying off!
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Related publications
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.