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TILRAY BRANDS INCTILRAY BRANDS INCTILRAY BRANDS INC

TILRAY BRANDS INC

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TLRY: The New Direction For CANNABISSince the beginning of the summer season, we saw a very big decrease in the price in TLRY company. Anyway, it was not the only stock that got the second punch from the second variant of the developed virus called DELTA. After the price reached the bottom at $10 per share it made a fast reversal and in three days it increase nearly +20% with the announcement of the new leadership. "Blair MacNeil, Former Bacardi General Manager, Who joined Tilray to Lead the Company’s Canadian Growth Strategy" From the technical perspective it fits really good with the news above. The price broke out of a falling wedge pattern and the new direction looks bullish. So let's see the new price-performance up to December. In my opinion, we can see the price at $16.50 up to the end december_21 or at the beginning of January_22. Anyway this is only my personal opinion :) Targets: 14.00 16.40 Thank you and Good Luck!
NASDAQ:TLRYLong
by KlejdiCuni
56
$TLRY girl scout sniper*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* $TLRY and other cannabis related stocks have finally broken out of bearish territory. My team doesn't expect this brewing bullish momentum to slow down any time soon, especially with loosening regulation around the corner. My team entered $TLRY today at $11.56 per share and plan to take profit at $29. Their next earnings report is expected to be released 11/8-11/12. ENTRY: $11.56 TAKE PROFIT: $29.00 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:TLRYLong
by SimplyShowMeTheMoney
Support found on the 4th touchUsing a 4th point of contact has been producing really nice results for me the past few months. Shown in the chart with the highlighted dots. Today on the 4th touching point, which should have sent TLRY down if the months of shorting were to continue, we were rebought! Lots of support. Looks like we will be soaring for a bit more. Friday is always a crazy day so I won't take it with much merit. How we end today will say a lot for the coming week. 🐂
NASDAQ:TLRYLong
by Reigncane
2
TLRY LONG TRIGGER on WWThe purpose of this hindsight post is to introduce wolfe wave version 1.4. The latest version allows users to modify the wolfe wave length. In previous versions, the wolfe wave length was defined with length=13. In the new release, users can introduce user-defined length values. When displaying user-defined wolfe waves on charts, it is recommended to also select a color that corresponds to the specific length value. For instance, in TLRY there are three bullish wolfe waves identified in 3 different time-frames. Each color represents different length value which range from 9, 13, and 21. The green color wolfe wave corresponds to length =13. The blue color wolfe wave corresponds to length =21. The yellow color wolfe wave corresponds to length =9. It is highly recommended to combine the wolfe waves with ttm squeezes of uncommon time-frames, ie 78 min. The expected move for TLRY is achieved and therefore entry into TLRY should not be considered.
NASDAQ:TLRYLong
by TOSOPTION
TLRY TimeAnother beautiful, long Falling Wedge on TLRY here since around March. After that huge run from TLRY, there was much selling and bearish divergence on the chart from being so overbought. The run up left many gaps in the chart and they needed to be filled before TLRY could even think of going for another run. Bullish divergence seen on the RSI, RSI value is making higher highs while the price continues to make lower lows, meaning some bullish divergence. Also coupled with the MACD cross today, I think this could be the start of a nice reversal for TLRY. Has consistently used the fib retracement levels for support and resistance, so if we target the 236 fib level at around 20-22 dollars, that would give us an 80% return on our investment. However, just looking at the closer resistances, for the short term I would target first resistance at around 12-12.5, and then at around 14, then up to 16-17 $. GAPS: There were many gaps in the chart due to the run up in Jan - Feb which needed to be filled, the last of which were at 9.6 - 10.5. We did not COMPLETELY fill the gap so be careful about that, only a partial gap fill. SUPPORTS: I would be looking back to the trendline which acted as a bounce for this recent run today. Around 10$, then I would look at 9$ as the next support level after the gap fill. RESISTANCE: $12 - $12.5 $14 200 SMA at $14.70
NASDAQ:TLRYLong
by GringoRiley
1
TILRAY ROCKET HIGH TODAY +16% This is not an advice just a note for myself to remember. Months it was low and today it flew 16% up to 11.83 (came from prox 10) It had no pullback and no backtest of the opening which TIlray normally does. This makes me wonder if this high is sustainable. I think it will not go that easy tomorrow to 15 or higher....I think it will test the opening price once more. Or at least test 50% of this rise of 16%. I am afraid to buy more because it can drop very fast. Tilray does not have good numbers only good news of legalisation and some products possible with cannabis in it.....I don't see a further rise this easy. Feel free to share your point of view with me or share a nice analysis with me. I know the price is very far from the ATH -75% i think.
NASDAQ:TLRY
by megustadinerow
2
TLRY Long Term Swing Hi Guys , What do you think about my analysis on TLRY right here , As we can see from the chart , a huge selling off from TLRY and seller is slowing down , with an extra confirmation ,we are seeing a falling wedge chart pattern is forming , and also the price is coming back to fill up the previous gap as well as line up nicely with the major support right there , now we are looking for a long position but we need an extra confirmation before entering the trade , what we are waiting for, right now is a breakout from the falling wedge pattern , or strong bullish candlestick . if you like this idea , please give it a thumbs up or comment down below thanks !
NASDAQ:TLRYLong
by davidvid96
2