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Tlrylong

[TLRY] Boxed in w/ Nowhere to Go but Down, Load Up Pre EarningsBest case scenario TLRY bounces between $7 and $10 until earnings. I think it'll crack below the support there along with overall market weakness and tumble back down, who knows how low, really doubt it'll retest lows ($2.5 is a crazy steal) but anything under $7 really is a great value buy here especially after what ACB just demonstrated but if you're stingy like me you're probably aiming to buy in the $4-$5 range. The industry gravity seems to be having an especially depressing effect on TLRY (aside from the overall climbing support line). Even as ACB soared and CGC, OGI, APHA and hell even the black sheep of the industry, SNDL and HEXO, made double digit gains, TLRY stayed mostly put. Everything now reverting to mean because industry gravity is too high, that's only going to pull TLRY lower. Eventually that gravity will dissipate and all these companies will soar, just a matter if that happens this earnings or next, but will happen.
NASDAQ:TLRYLong
by ProfitHarvest
$TLRY: $10 Short Potential [Currently < than IPO Price]First off, please don't take anything I say seriously, or as financial advice. That being said, let me get into a few of my key insights. Tilray is currently only $8.05 which is lower then the $17 price it was entry into the market. The stock peaked at $240 before starting to tumble down bearishly entering into 2019. Cannabis was a fad or bubble waiting to be popped. That being said, as a 750+ employee company that is revamping, it isn't a bad stock pick and may be a steal at its current price. Many analyst are neural on it, but I think it has light in the tunnel for growth. Today it had a high of $9.75, before going down to $8.05. Overall, day over day, the stock's close price went down -0.74%. Today was a notoriously bad day for the market, and this performance was better than expected. Overall, a short of $10 is reasonable, and this is one of those stocks that can likely be flipped multiple times for a day trader or trading bot. It seems to also have long potential, and I believe it will likely reach another bullish run.
NASDAQ:TLRYShort
by gamer456148
1
Do not miss the other chance of buying TLRY this week or so!Here is my update on TLRY stock. Before that, let me thank you for your all supports and thoughts. My assumption is that TLRY probably bottomed at ~$34.5 on June 6th, 2019. We may test that level later again. As mentioned in my previous post on TLRY (link below), I found very similarities between TLRY and Bitcoin market. To me, TLRY current pattern is very similar to that of Bitcoin around Nov 2018 to Jan 2019. Pay a close attention to the Fib retracement levels. Try after reaching (let’s say) bottom, jumped to 78% level, EXACTLY like Bitcoin! Then came back down to 38% level. What I expect to see in the next few days is to see TLRY goes back up to 62% or somewhere between 62%-78% level (~ $44-$45). I also see a strong resistance around $45. After that, I expect it to go down again somewhere below the 23% level. I see a good support around $37.12. That might happen somewhere around July 8th-10th, where the last blue Fib circle meets the pitchfork line in pink. I would definitely rebuy somewhere above this number, maybe $38-$38.5, as I see another support level. Even if we go below the previous low (~$34.5) I do not think I lose massive money! If we go above that 21day moving average line (the pink one) and stay above it for few days, I will be very bullish! Good luck,
NASDAQ:TLRYLong
by walekiller