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TILRAY BRANDS INCTILRAY BRANDS INCTILRAY BRANDS INC

TILRAY BRANDS INC

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2HQ trade ideas

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
NASDAQ:TLRYLong
by the_sunship
9
TLRY: terrible sentiment, but...To say that $TLRY has been a disappointment for investors would be an understatement. After its infamous $300 in September 2018, the stock has steadily declined and has gone essentially nowhere since April. Upon recent earnings, the stock has disappointed with some significant writedowns. If management can show profitability, this stock has significant potential because of its diversification. $7 seems a good support to build a longer term position. Given the exit from descending channel, any positive news on this stock could send the price up significantly.
NASDAQ:TLRYLong
by nikodemuskell