TLRY Trend Reversal AVWAP from 8/13/19 that's hidden
If the price can hold above the 200 MA we could see a good bull run. Price has never crossed before. Shorter moving averages curling up.
2HQ trade ideas
"TLRY Long" Bullish will this be able to push back to $12.69+NASDAQ:TLRY Interesting news on this one today and with this coming off of that 7.26 area I feel this can push back towards that 10.27 area and if the Federal Marijuana legalization bill pass then room to 12.69 plus at which I feel the fun will begin so next week will be key to see if this get passed
$TLRY - NR Picks Nov 22Tilray Inc (TLRY) es una compañía que se dedica al cultivo y distribución de cannabis medicinal, altamente beneficiada con la victoria de Joe Biden, lo que generó un upside en el precio de sus acciones de 110%, sin embargo, las marihuaneras después de una esperada corrección podrían presentar oportunidades interesantes, nosotros pudimos reconocer un canal entre los US$ 8.25 y US$6.90 donde podríamos percibir un retorno de aproximadamente 14% en las próximas semanas debido a que consideramos que el rally puede reactivarse, finalmente establecimos un stop loss prudente de 5% en caso el soporte se venza y la caída continúe.
TLRY Tilray Fibonacci Retracement completedTILRAY is also following the cannabis rally, even though the fundamentals aren`t there:
891.954M MARKET CAP and Net Income (FY) -321.169M. :)
So be careful with this one. It`s not life VFF (by the way, a great stock).
Tilray engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
$TLRY swing Stop loss $7. First take profit around $8.50, really want a run up to $10. Depends on how cannabis sector is doing. government wants weed legalized everywhere.
TLRY WILL FILL THE GAP TILRAY WILL FILL THE GREEN GAP, IT SEEMS THAT REACHED VERY GOOD BOTTOM AT THIS TERRIRORIES!
TLRY LongWeekly Wedge breakout + revisit
Entry 8
Stop 4
target1: 23;
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
tilray updated easy +200% after this correction. there are ganja penny stocks like GRNH that are better investments than TLRY. GRNH has a potential of +2500% (<0.003000 to >0.079000) long term while TLRY has a potential of +1300% (<3.65 to >50.45) long term. it best to trade TLRY but invest in GRNH
TLRY coming down, buying opportunityTLRY shoots up on election results, then gets a positive earnings report (they made money instead of losing!). As per our pattern, it is holding. Our wave 3 extended to 12.14 and now looks like it's in its wave 4, opportunity to add. 7.11 invalidates the pattern, so eyes on that level. Also looking for RSI to curl up and respect our line.
Tlry Just a little patience !!!Patience !!!
Loading ammunition for the next rally.
The cannabis field is going to be the hottest market (it has been dehydrated for a long time).
The company's reports are not the best but improving quarter by quarter.
The big money will come from investments that have come out of technology stocks that have risen hundreds of percent upwards (and will probably soon fall sharply downwards).
Slowly all the shorties will have to buy the stock ....
The opportunity here and now!
No professional advice !!!
Long TLRY [ Tilray ]There is an overall bullish sentiment for Cannabis Stock to experience large growth as a result of the US Presidential Election. NASDAQ:TLRY has recently broken a trendline that indicates price action bullish movement.
The Strong support level that is created at $10,50 is as a result of the bullish trendline and strong resistance that may turn into support.
This setup has an potential growth forecast of 123,74%
is it a pump or the start of a new trend?time will tell, but TLRY is at a big longterm resistance and its not looking good ! be careful if you are long :) dont forget to take profits. respect trends/resistance. target 20 if resistance breaks and holds. target 6 for a dip buy if not. leave a like if you found this helpful <3
Get ready to light it up - Part 21.272 fib ext is a minimum profit tgt. 1.618 is minimum ideal for wave 3 measurement and lines up with prior consolidation area which should act as resistance. Also possible for 2.618 fib ext for wave 3 depending on price action at first resistance.
Get ready to light it up!Pun intended.
Weed stocks getting a nice rally with the US elections and several states moving to legalize. Just got above the 200dma. With this latest rally it pushed thru the consolidation over the summer and is retracing now. I expect a test of the top of that as support...and notice the .618-.786 fib lines right up with a gap. This would be a logical place price may test and then move higher. This should be the beginning of wave 3 up. Zoom this out on the daily....all kinds of room for this to move up nicely depending on your timeframe. This is a swing trade for me.
And we have BLASTOFF on $TLRY!!!! Where to add...Following our pattern to a T! With the results of the Presidential Election eyes to turn cannabis stocks as potential moves in the Federal guidelines for schedule 1 drugs might change. A buy the rumor type event IMO. Welllllllllll, if you bought the pullback like we suggested you got your money's worth. Pattern called for a nice dip between 5.17 and 5.71 (actual lowest level was 5.29) and then it really took off. High Friday was 12.04 and the a pullback. We think this finished it's wave 3, now in wave 4 and a wave 5 to follow (shown on chart). Wave 4 target ideally is at 8.01, invalidates at red line 7.24. If very bullish can continue extending up or have a shallower retrace. Wave I of 3 should end between 13.79 to 16.56, again typical targets but can extend.
Hedge - TilrayHelping to keep a trder in action and afloat, who is stuck in long term bull trades but found themselves in a sell off. Hedging bets against fundamentally flawed or unsound companies is how pros do it.
Not financial advice.
$TLRY Tilray Resistance levels to Watch
Levels of interest for TLRY
$8.41 200ma & major pivot point
$9.00 Fibonacci Golden pocket from may high & horizontal resistance.
$9.75 major Pivot Point
$10.27 Fib 0.382 dead cat bounce level from Jan high.
$11.60 Major pivot point, which the bulls need to break to change stocks direction.
