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TILRAY BRANDS INCTILRAY BRANDS INCTILRAY BRANDS INC

TILRAY BRANDS INC

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2HQ trade ideas

POWERFULL PATTERNTILRAY is being bought up by institutions. Its "shameless"(hint) now. This creates strong repeatable patterns generrating great day trade opportunities with strong price channels and trading ranges. At the same time, the whole cannabis industry has been boosted by the blue wave in the us with positive legalization outlook. The global market its huge, etc. This gives us fuel for rapid steady movement TIPS for TLRY: 1 With greater opportunity comes greater risk 2 if you cant read it DONT buy it. 3 When this moves its clear, on every timeframe. 4 Tight stops for day trading..trail and cutoff. 5 Always buy at support of the trading range. 6 Watchout for profit taking deep retracements (channel like) Just a thought.. Good Luck!
NASDAQ:TLRY
by eltraderche
Ascending Triangle or Bullish Flag for TLRY?Tilray appears to be trading in an Ascending Triangle pattern, notice the green upward sloping line has acted as support multiple times, fairly bullish considering the now known merger with Aphria. The blue pattern on the chart is forming a bullish flag or potentially a descending triangle. On the KST there has been a bullish cross where I have placed the blue downward pointing finger. The DPO & RSI both seem to have similar appearances, maybe a head and shoulders pattern will form, the next few weeks will give a better indication. I have drawn a hypothetical red line to show how the H&S may occur on the RSI.
NASDAQ:TLRY
by ScotianBot
$TLRY entry PT 8.15 PT 15 and higherTilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products to patients, physicians, pharmacies, governments, and hospitals; and for researchers for commercial purposes, as well as compassionate access and clinical research applications. It operates in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, Israel, Ireland, New Zealand, South Africa, Switzerland, the United States, and the United Kingdom. The company was incorporated in 2018 and is headquartered in Nanaimo, Canada.
NASDAQ:TLRY
by BADQOMOCAWGOWLD
1
TLRY - Bull FlagAfter merger it looks like we have found a new floor at around $9.28 area. On the 1HR timeframe it looks like its starting a nice bull flag. After a big move like today we can expect consolidation before we see lift off again. If we can break the $10 resistance than the $12 resistance we could see moves all the way up to $20+ I believe. I also spotted a Morning star candlestick pattern on the 1HR which is suppose to show signs of a reversal. The first candlestick shows bears in control, then the second candlestick shows bearish indecision, then the third candlestick showing that the bulls are now in control. On the 4HR it looks like a Doji but the same rule should still apply. LMK what you see!
NASDAQ:TLRYLong
by DarthTrador