Not Out of the Wood Part 2I think we will have a deadcat bounce with the mid term election coming up and then drop right back down to all time low. $1.xx long term target for now. by justinl6196
Tilray moving averagesYesterday cannabis stocks moved higher on news. Here's TLRY moving averages on the 1-day chart: SMA50 = 3.51 SMA100 = 3.63 SMA150 = 4.35 SMA200 = 4.89 52wk high = 13.95 52wk low = 2.65 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comLongby Options360Updated 229
TLRY Short | LT entry target $2.08NASDAQ:TLRY Tilray Brands Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. It operates through five segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, Wellness Business, and Business Under Development. The company provides medical and adult-use cannabis products; pharmaceutical and wellness products; beverage alcohol products; and hemp-based food and other wellness products. It offers its products to retailers, wholesalers, patients, physicians, pharmacies, clinics, hospitals, governments, and researchers. The company operates Tilray Medical, a medical platform that provides GMP-certified flowers, oils, vapes, edibles, and topicals. It has operations in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company was formerly known as Tilray , Inc. Tilray Brands Inc. was incorporated in 2018 and is headquartered in New York, New York. TLRY Earnings are expected to be released on the 6th of October. A break below $3.08 could potential lead to an ATL of $2.08Shortby N_I_GUpdated 770
Tilray: Extended W or Head&ShouldersIt's not certain yet but I see high probability for an Extended W pattern (double bottom) or a Head&Shoulders pattern (triple bottom). First target=4.50 After the first target, there are two probabilities: A) It may break the resistance and keep on rising. B) Or, it may turn back from 4.50, form a "head and shoulders/triple bottom pattern" and then rocket! Mid & long term targets might be very high, since the share is too far away from its ATH.Longby skykhan117
TLRY (20% TRADE SETUP) Buy target is right under 3.33 when the gap closes. Sell targets are marked in orange. Red line is not accurate, it's is just there to display potential upside movement between buy target and final sell target. Longby nicktussing77Updated 3
Tilray at support? Tilray Short Term We look to Buy at 3.18 (stop at 2.94) We look to buy dips. There is scope for mild selling at the open but losses should be limited. A higher correction is expected. Expect trading to remain mixed and volatile. Previous support located at 3.120. Our profit targets will be 3.74 and 3.99 Resistance: 3.75 / 4.00 / 5.15 Support: 3.20 / 3.00 / 2.50 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby Saxo3
on the way back up - longThe purple painting that I've draw 2 months ago looks like coming true. Lets continue the ride together. LONG TLRY!Longby Michaelpg117
Not Out of the WeedSomeone here was cracking up on some Dad jokes. I think the joke fits the Tilray stock trend here perfectly. We do see increased volume coming in but there are still people who want to sell. This incoming leg down should create a RSI divergence on the daily. On the weekly, we are far from end of correction. However, I am expecting a huge deadcat bounce going into this mid term election. The timing fits perfectly with the EW counts. Shortby justinl6191
TLRY LONG LONG LONG TLRY Love this here for a longer-term play As mentioned, weed has been off the radar and we have a nice entry here for a swing. LONG LONG LONG AND HOLD THAT SHIT FOR GENNY WEALTHLongby SlapAsksLiftOffers119
TLRY Bullish Pennant Pattern Long ContinuationNASDAQ:TLRY TLRY had 10% price range today' and finished with a Bullish Pennant on the 15-minute chart. Accordingly, it is set up for an entry for the long continuation. TLRY showed momentum today by breaking above the double top in the price action last week. The uptrend is supported by bursts of relative volume beyond the moving average of volume.Longby AwesomeAvani221
Weed Stocks Bottom We are not out of the weeds yet. Get it? stupid dad Joke We are back down to buying prices and with inflation/fed rates priced in we've had a good month. If we can break and hold above the downtrend line we could see a little rally to $6-$8 range. I don't think it will last long though and we will more likely have a double bottom. Seems like federal legalization is still a ways off, and marijuana market growth is slowing. Just charting and sharing thoughts. Happy to hear feedback. by lillybear553
Is TLRY a buy on yesterday's selloff?Yesterday, TLRY stock went down 10.7%, crashing along with other meme stocks. On the short term it bounced against strong support at the level around 3.8. Interpreting the crash as a bearish engulfing, the nearest resistance line would be at 4.44, whereas on the downside, below the current support level which is being held, there is another clear resistance turned support level around 3.65. This means that from a risk/reward perspective, TLRY is great, with a risk/reward of over 3.75, even using the nearest support line, below the current one. The stock is also in an upwards trending channel, the stock was oversold according to my RMA indicator, short sale volume was significantly smaller than net volume as shown in my NDO indicator, and the stock's price is hitting the 50 day EMA after breaking above it. Longby spiritualhealer117119
I wanna be like MikeTilray Marker for weed stonks 20 buck target GRI 2022by Great_Reset_InvestingUpdated 116
Long on TLRYElection years provide big upside for Pot stocks, 2000 went 150% and beyond. Hidden bullish divergence on the Cluster Algo and RSI on the weekly. currently DCA'ing this.Longby chendoski6
Another trip on the RayTaking a long again here on TILRAY, looks like a leading diagonal pattern was wave 1, now we should see support from here to start wave 3. Retest of breakout with hourly bull divergences. Looking for 7+ in the coming weeks. Longby the_sunship5514
TLRY - Will Be A GREAT Buy @ $0.6!!!I've had targets of $3.5 and $0.5 for a while but now its time to look again. The key to this puzzle I think is the recent expanding pattern which due to moving further away from trend than any previous correction shows that it is probably the major pivot. And so the correction should be a running flat which is typical in a flowing trend. Last week printed what appears to be a shakeout reversal pattern (wick) through the B wave resistance @ $4.78 and now today's PA seems to have confirmed that with the downtrend continuing against indexes which are on a bounce today. These recent landmarks have added more pivots and as you can see there is quite a cluster around the 0.54 - 0.65 area. And so TLRY is probably in a long term cycle ABC from ATH @ $300 down to 0.54 - 0.65 area. Very very wild! And its not going to stop @ $3.5 I dont think, or the lows. I will be looking to open a small short position on a re-test of resistance for high RR. And I will use options for defined risk, just in case something unexpected happens. But the main goal is to get VERY long much further down the road. And if TLRY hits $0.6 and if that concludes a cycle ABC from ATH and if a typical X wave follows (or of course it could be a bull run but lets stick with an X wave for simplicity) then a retracement + typical overshoot to magic ratio 0.75 would see a bounce to somewhere around $61. That would be a 10000% increase!!! And this chart loves going on mad rallies! 😄 See you at $0.6. Not advice.Shortby dRends35Updated 363635
The ART of the Fade.Tilray is a Cannabis stock, but the importance of this post is the art of fading. I have numerous posts on Volume profiles and how and why they are very effective, and have kinda made it a mission to show you how great they are! Here I am showing you how to fade around value, notice the profile, notice how price is trading sideways in this range and building mass of orders, I have used the two blue horizontals to show the outerside of range, and look how price has acted! Absolutely beautiful fades back into Value! honestly so beautiful. Price attempts to break the outside boundaries before being turned around and heading back into the mass of orders, it is truly beautiful. The takeaway from this post is the importance of using a volume profile in trading, as the big boys are! step up your game now!Educationby ZenFlo2222
TLRY A Generational Buy At $1.60 IF IT GETS THERE Title says it all IMO this company formally at $150 can drop all the way to $1.60 and we'll back up the truck for more on this name follow @dRends35 This is NOT ADVICE WE ARE NOT SHORT.Longby NewYork888115
TLRY - Second attempt - LONG ONLY TV- So we failed that last one, but as I said, I'm willing to give it a few attempts. Nice volume coming in and with price moving higher I'll get much more confident. - It's holding that gap down pretty nice at the moment. Buy now with risk to lows I think is a decent trade, which you can add to with more pullbacks, but I kind of want something tighter a little higher. - Above that green range is the trade I think with price trapped between that purple high and the green range. - Above the purple completely free from that is the best one but I'd rather get in before and not worry about chop up there before it leaves. - Let's see how this one plays out.Longby SlapAsksLiftOffers116
Tilray fighting back? Tilray Short Term We look to Buy at 3.09 (stop at 2.91) We look to buy dips. Trading volume is increasing. There is scope for mild selling at the open but losses should be limited. Expect trading to remain mixed and volatile. Previous support located at 3.10. Our profit targets will be 3.72 and 3.99 Resistance: 3.72 / 4.00 / 5.15 Support: 3.10 / 3.00 / 2.50 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby Saxo117
Tilray....dosent look goodif the analisys is correct we might see ..what we don't want to see. If mesuared move is respected Tilray could go a lot more to the downside, still up movement expected for 2023.24by pas29444
MJ stocks - the rally bongTLRY breakout with daily bull divergences and now others catching a bid. Watch the MJ sector for out performance if the stock market has that rally to 4100. EnjoyLong05:54by the_sunshipUpdated 228
$TLRY Buying to Hold Long TermAt value zone here but at this level it can still easily drop another 50%. Would not advice anyone looking to trade this under 3-month hold period but can benefit hugely if you just "set it and forget it". Longby raamraj228