Tilray
Remember TLRY? part 2Looks like am objective buy at the channel. Hidden bull divergence also on the 4 hr chart. Daily RSI no bear divergence yet. I like
$TLRY Daily Chart X ZONE$200 -> $2 -> $20 $TLRY DAILY CHART X MARKS THE SPOT. Is it a treasure map or fools gold?
very close to the start of wave C (updated)we have one more pull back before we start wave C, we are currently doing wave 4 of wave c of wave B
remember Tilray? Looking good for a major bounce with daily bullish divs and corrective structure (looks complete). I still watch this sector because it attracts retail traders especially.
The entire MJ space looks about ready to get attention again, probably having to do with what some politicians will say regarding legalization.
Having said that, this is a bounce play. I don't think it will hold the gains. Please make sure you use stops in case this analysis is incorrect.
good luck
very close to the start of wave Ceasy +800% medium term, but i will to to buy it below 2.50. just waiting on the feds
TLRY BUY (TILRAY INC)Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign. Watch strong price action at the current levels for buy.
Tilray possible .618 fib targetHey everybody, If you enjoyed this quick analysis leave a thumbs up or comment your thoughts below!
We can see that the 10 and 30 moving averages are currently acting as support and that the price is at the top of the descending channel which could be a possible bull flag, and I have my targets set at the beginning of the flag and my next target is set at .618 fib which we saw act as a daily support back on March 2nd.
TILRAY JULY Forecast **13% BUY
81% HOLD
6% SELL
Why are so many people holding? They know Tilray will receive support increasing the market value to near pre-covid ($20) however the uncertainty is still at an extreme level, with that in mind Tilray's "fair value" is still set at a steady $15. Tilray will reach a $10 to $12 in July-August. I mean I guess... i dont know im im pretty drunk
CANNABIS SHARES - Catching up after under-performanceA quick comparison of major cannabis shares shows a switch from under to out-performance in vs. the S&P 500 and the TSX
Tilray swing long Daily chart, Tilray long.
Price is obeying the transagonal support line, meanwhile the EMA25 continues to sweep under price just above the standard support line.
Target your preferred entry reason on a lower timeframe, the 4 hour or 1 hour chart would be fine.
Success!
TILRAY $TLRY is getting ready?It needs to get above $10.60 to start an uptrend. the volume is increasing as well.
If you find my charts useful, please leave me "like"
thx
Is it Up in Smoke for Pot Stocks? | ALTERNATIVE HARVEST ($MJ)🌿 Alternative Harvest is on its way up after an extremely bearish last half of 2019 for pot stocks, but is it up in smoke or down in ashes for MJ? Right now we have MJ rallying off the bottom as darlings of cannabis like Aurora and Tilray push higher. This move in some pot stocks has pushed others up. Some of this is fundamental, with some better than expected earnings and one study that shows that maybe smoking pot helps ward off COVID, while some of this seems to be FOMO. Although pot stocks can really run when they run, the overall bearishness of the trend has us looking to short exhaustion from this rally... even if it is just as a hedge (although we will likely wait until Tuesday's open to execute this since we have a three day weekend).
Resource: www.thestreet.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
Like & Follow to help the Alpha community grow 🎉🎉
---
1. Fractal Trend is showing a downtrend (Maroon bar color) on the 4-hour timeframe. Despite the recent strength in MJ, the trend has been bearish for a while.
2. With this strategy, we are looking for short setups in a downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon line color) and/or bearish S/R levels plotted by Directional Bias (Maroon line color).
3. We are looking for a short entry off of the range formed by the R1 bearish order block with a stop placed at the gap and a target of the S1 order block + S/R flip cluster.
4. If that entry doesn't work, we are looking for a short entry off of the major S/R flip at R2 with a stop placed above the R3 order block cluster and a target of S1.
5. Additional notable levels include S2 and S3. Notable here is that a bounce off S1 would create a potential series of higher lows lending to the bull case for MJ, while a break to S2 or S3 would break the short term bullish structure and lend itself to the overall bearish bias the chart already has.
This short setup makes a lot of sense to us given how bearish MJ has been over the past year and are not trying to catch any knives calling a bottom too early. That said, due to recent strength and a three day weekend for the retail markets it makes sense to hold off on opening a short until Tuesday.
Good luck MJ traders!
TLRY BUY (TILRAY INC)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current price for buy
TILRAY; Going Up... or Going Up in Smoke?✨ We provide charts every day ✨
Like and Follow to help us grow family! 🎉
---
Yoooooo, what is up family? Tilray has been bearish since its epic run back in 2018. That said, we are finally seeing some green here (pun intended). Looks like we are about to get a confirmed uptrend, let's break down the logic behind our Tilray strategy.
---
STRATEGY USED:Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
---
1. Fractal Trend is showing downtrend (Red background color) for TILRAY on the 1 hour chart. That means we only take short positions based on Breakaway Scalper (Red bar color) until that changes.
2. Fractal Trend is attempting to close Green, which will signal an uptrend. That will mean we are cleared to take a long position next time Breakaway Scalper signals an uptrend (Green bar color).
3. To the downside we will be looking for reactions at the bullish order blocks at S1, which price is currently testing, and at S2. If we go lower than S2, then that and it would simply look like a continuation of the downtrend for Tilray.
4. To the upside we will be looking at the bearish orderblocks at R1 - R3 for resistance.
TILRAY $TLRYWell movement. Volume is super. just hit the resistance and rsi is oversold. after some correction next target; $9.56 , $11.76
ACB TILRAY NBEV CRON LONG SET UPBUY CRON ENTRY 1 $5.15 ENTRY 2 $5.50
SL $3.00
TP.1 $7.15
TP.2 $9.00
TP.3 $13.20
BUY ACB ENTRY 1 $1.30
TP.1 $2.00
TP.2 $4.00
TP.3 $6.00
BUY NBEV Entry 1 $1.68
entry 2 $1.28
Tp.1 $2.48
Tp.2 $3.48
Tp.3 $5.00
BUY TILRAY ENTRY 1 12.80
ENTRY 2 11.60
SL 8.00
TP.1 16 TP.2 19 TP.3 23
TP.4 28 TP.5 46
TLRY LONG SET UP BUY TILRAY Option expire date in march-june
ENTRY 1 18.60
ENTRY 2 17.80
ENTRY 3 16.68
SL 8.00
TP.1 23
TP.2 35
TP.3 48
TP.4 68
TP.5 76
TP.6 96
TP.7 123
TP.8 154
Aurora Cannabis (ACB) Entering the kill box for shorts After what seems like a never ending cascade ACB and many other MJ sector names are entering major support zones for accumulation. This is where I am looking to enter positions for maximum Risk/Reward. Calculated entries are laddered at daily gap zones inside of this box with half of a position and another half is waiting to be deployed on a move up & out of this zone. Patience is key as there will need to be a new base formed or an explosive volume based bounce.
TILRAY (TLRY) LONG SET UP, TREND REVERSAL TO $154BUY TILRAY
ENTRY 1 16.80
ENTRY 2 18.60
ENTRY 3 19.34
SL 8.00
TP.1 23
TP.2 35
TP.3 48
TP.4 68
TP.5 76
TP.6 96
TP.7 123
TP.8 154
TILRAY +1000%Buy now and more low price.
Sell levels on the chart.
Profit 700-1100%
Good luck for you !
