Tilray
TLRY - About to rise up?Tilray is in a nice descending triangle, RSI is prime with MACD crossing over. This is not trading advice
APHA Day Trade IdeaAPHA (Aphria, Inc.) is rebounding up from a support line on the year to date rising fibonacci channel.
It is probable that APHA will continue it's upward momentum up to 17.81 for an approximate 13% gain (+/-) upon where it would encounter the yearly 61.8% fibonacci resistance level.
If APHA crosses above 17.81, the Point of control (POC) where volume is most concentrated is at 18.75.
Crossing this level is less probable but not impossible, as APHA has been known to out perform both in market hours and after hours.
I currently have no position in APHA, so this is just my unbiased opinion.
Cannabis Stocks: Blood in the streets will continueTilray $TLRY Canopy Growth $CGC and Aurora Cannabis $ACB are all going to continue lower over the next few months as their values realign with basic fundamentals. Looking for Tilray to hit about $7.50 in the next few months. In the meantime, there are plenty of excellent companies that a prudent investor could get into after the selling ends.
best large cap ganja stockwait for legalization on the federal level, it will happen within 4 years at most
Tilray Bull OutlookSupport found at 61.8% retracement, and 21 EMA, and trend line,
Support zone between 23.50 and 27.50
Rationally, I would expect at least a flash down to the low twenties.
Merger talks, WSB, stimmies add to the bull case
[TLRY] 2021 Cannabis Market Roundup: TLRY and APHA Lead the Way!Cannabis feels so meta sometimes.
TLRY leads a 10x market run and then collapses to the worst performing Cannabis company in 2021 lol.
Man APHA definitely getting the short end of the stick here haha but they'll all make plenty of money slangin drugs together.
Wish I had done a mashup like this a long time ago, lots of fun data.
Here's how I've been betting it:
1. APHA/TLRY (TLRY was my #3 before the merger)
2. CGC
3. ACB
4. OGI
I threw in GRWG and CLVR here too.
GRWG is the shovels and pickaxes of this Green Gold Rush.
CLVR a new entrant that looks promising.
I have some other minor stakes but these are the Gems.
TLRY/APHA leading the pack with OGI coming out of left field recently to supplant ACB and CGC.
With OGI finally blowing up, that makes CGC the best value play right now. At similar value, CGC much better company than ACB.
Lookin to pick up another load around $23-$26 and we're back on the hunt for that double top ;).
APHA and TLRY are priced pretty well here, OGI lookin pretty overpriced. Rest are underpriced.
Buy the dip on Tlry. Long term holdBeautiful retracement here on Tilray with gap fill to 30 with a big upside target gap fill in play.
We are at support here so its a good time to buy and add a cannabis stock to your portfolio if you have missed the epic pump this week. That pump was great for day trading, this play is a solid long term hold. The weed sector has been on fire this year and I expect it to perform well through Biden's presidency.
All time high on TLRY is around 300 so 30 is a fantastic buy and hold opportunity imo.
Tilray Given Up All Gains, Time to BuyThe potential for huge growth in cannabis companies is obvious. The spike we have seen in the past week has retraced almost all the way back to where it started, this offers a great chance to re-enter longs. The spike may have been caused by the Reddit craze nonsense which explains the big dump as well but this is still a good trade/investment.
I would like to see the price stabilise in the current area and confirm that the support here will hold as it has been very volatile. If it does hold here and show that it will rise then the previous high is a good target, around $64. If it breaks this resistance then a target of $115 can be next, this is 0.382 Fibonacci retracement from the all time high to the low. If you are looking at this as an investment there is no telling how high it could go.
US Stock In Play: $TLRY (Tilray Inc)$TLRY broke out of its Bullish Flag pattern with a remarkable day gain of +40.74%, closing at $42.35. $TLRY extended volatility was earlier highlighted 4 hours before the US pre-market opening session yesterday. The total gain achieved by $TLRY for 2021 stands at +298.45%.
At the current junction, substantial buying pressure remains in force with no signs of price exhaustion. Average price volatility of $TLRY have further inched to a range of $3.50/day with continuous volatility expected on TLRY in this month of February. The first major resistance to watch for a test on $TLRY is at $46, last traded in August 2019.
Tilray and Aurora Cannabis trendlinesYou can see on my mentoring sytems with zoom and tradingview two cannabis stocks. This is very good opportunity. Stoch and Rsi is overbought.
Another before the breakout. :)
Tilray GAINZ honestly I am killing the game LOL
option call placed till June 18th
strike price was 15 dollars and im still holding till Feds legalize it
another big pay day on its way :)))
TLRY, Flag Breakout Protentional Flag Breakout. resistance sends for a retest. momentum picks up. target of $33 ( weekly resistance) with a slowdown at $30 (phycological and weekly VPVR level).
TILRAYTilray has bottomed out i think since we saw the $5 prices, and now we appear to have had a breakout. ideally wait for a pullback maybe to the $10-$12 mark. I noticed every time Biden got closer to POTUS, that tilray and a few other cannabis stocks had bullish moves. So longer term i believe this is Value investing at its finest. I have placed the shares in my Tax free ISA and will hold till circumstance change.
Swing Trade: 🌿Cannabis stock on the heat! TLRY Breakout RunHi fellows, just one of my today swingtrades:
Nice setup for breakout in NASDAQ:TLRY .
Cannabis stocks are set up for nice run after Gorgia senate election.
------------------------Trade setup ---------------------------
Entry: 11,35
Stop Loss: 10.66
Profit target: 13.50
Time stop: 5 days
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If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
TLRY Bullish Trade Setup (Breakout Pattern)TLRY Breakout in progress targeting wave (5) upside target at 35-40.Look to establish a 12/22 Call Debit Spread expiring March 21’, exact trade execution details in Video Update.
Ascending Triangle or Bullish Flag for TLRY?Tilray appears to be trading in an Ascending Triangle pattern, notice the green upward sloping line has acted as support multiple times, fairly bullish considering the now known merger with Aphria.
The blue pattern on the chart is forming a bullish flag or potentially a descending triangle.
On the KST there has been a bullish cross where I have placed the blue downward pointing finger.
The DPO & RSI both seem to have similar appearances, maybe a head and shoulders pattern will form, the next few weeks will give a better indication.
I have drawn a hypothetical red line to show how the H&S may occur on the RSI.
Tilray: weed is growingTLRY is likely starting wave (iii) within wave 3.
Price swings are huge as stock 1-year Beta is 3.71
Possible Long entry @ 9.00, TP 19.25, SL 6.50
possible cup and handle on TilrayNo daily bearish divergences, earnings are now past with a good shakeout. Positive MJ news coming daily so that may be the "reason".
NY state still no announcement of legalization but NJ has voted for it. NY won't be made fools of by NJ folks, believe me.
Short squeezes on the Ray are usually pretty fast. Cup and handle, head and shoulders, whatever you want to call it - it has a good R/R here
Target around $20, maybe more considering the fomo this thing gets.
Good luck
$TLRY - NR Picks Nov 22Tilray Inc (TLRY) es una compañía que se dedica al cultivo y distribución de cannabis medicinal, altamente beneficiada con la victoria de Joe Biden, lo que generó un upside en el precio de sus acciones de 110%, sin embargo, las marihuaneras después de una esperada corrección podrían presentar oportunidades interesantes, nosotros pudimos reconocer un canal entre los US$ 8.25 y US$6.90 donde podríamos percibir un retorno de aproximadamente 14% en las próximas semanas debido a que consideramos que el rally puede reactivarse, finalmente establecimos un stop loss prudente de 5% en caso el soporte se venza y la caída continúe.
TLRY Tilray Fibonacci Retracement completedTILRAY is also following the cannabis rally, even though the fundamentals aren`t there:
891.954M MARKET CAP and Net Income (FY) -321.169M. :)
So be careful with this one. It`s not life VFF (by the way, a great stock).
Tilray engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
