2HQ trade ideas
FULL in Depth Anaylsis on $TLRY I want to start off agian by apologizing it was never my intentions to "clickbait" but in return did my full in depth analysis on tlry i am hoping we are able to bounce if not i will wait to buy the dip once the triple combo correction is over.
Looking for further drops on Tilray. TLRYIt was a good run, but now oh it's over now....
Zig zags are happening now. C Wave inbound we believe and we are going down.
Remember, this is not financial advice. You must do your own research and carefully make decisions for yourself by yourself. We love TA and do not provide individually tailored financial advice, or financial advice period.
Now that aside, Fibonacci in crystal clear green and invalidation noted, as always, in red. Good luck out there.
$TLRY 1h tf UPDATE: July 15 onwardsreminders:
1. do not enter without the confirmation.
2. set your stop loss if entering with leverages
3. set your conservative TP
Disclaimer:
a negative catalyst can change a bullish trend
Trade at your own risk
candles may not follow the lines exactly, but it can follow the movement as specified.
[Trade Review]How I traded $PLTR, + TALKS ON EUPHORIA/ LOSSES In this video I will reviewing trades I took on 6/15/2021 which were $PLTR taking a small loss practicing my risk management not a problem since im confident i will make it all back. Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Make sure to leave a comment for feedback about cutting back on the trading review videos let me know guys! Will be making videos on trading phycology due to the euphoria in the market so look out!
TLRY LongWedge breakout + pull back
SMA50/200 as support
OBV> OBV34
WR above -50
Entry 19
Stop 12
Target 35
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
NEW POSITION $TLRY Target 22.73 for 19.44% $TLRY Target 22.73 for 19.44%
Or next add level is at 15.33
I really do like swinging TLRY. Always great!!
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
TLRYON Watch- SWING IDEA--- Finally seeing higher highs and lower highs and seeing nice volume. Bounced off the 61.8 Fib. PT- $29
TLRY to $28?Beautiful uptrend with ascending triangle shows strong accumulation in the market getting ready for a strong and steady move up toward the 30 mark. I’ve marked my positions for clear entry’s respecting the trend-line . SL is according to your risk appetite .
Inverse Head & Shoulder 4HrTLRY 4Hr chart showing the inverse head & shoulder pattern, with 200MA acting as the neckline. During the last few days,
it has been showing contraction in volatility, which was showing on lower timeframes, but not on the 4H chart since it bottomed @ 13.41. This indicates that sellers are being absorbed by buyers.
Contraction in volume has been showing since the bottom with every rise, the rise comes with volume, then followed by a drop with contracting volume. The chart keeps making higher highs & higher lows. Which is an indication that only the weaker hands that hold the least are selling, and the big holders are coming in.
The company has dropped a few new products since the merger, which could be a catalyst for more sales & better earnings for next quarters. Federal legalization seems to be imminent, but no clear deadline. There are news about state legalization every other day. So Fundamentally, the company is going in the right direction. And the stock should reflect the future of the company.
So, we are on the right track both technically & fundamentally. Unless there is a major catalyst that brings the whole market down (The return back to normal; Increasing rates to control inflation), then we are going to continue higher.
TLRY Bullish Trade Setup (Consolidation Pattern) Looking to place some Leaps on TLRY as we test wave iv support level on Tilray.
It's time to back to the cannabis market. Long Idea on TLRY charHi guys!
I see a good entry point on Cannabis stocks like TLRY.
We are ready to break out of this triangle so we have a good risk/profit ratio here.
Put your SL under 200MA and under this triangle.
TP1 - 50%
TP2 - 100%+
Good Luck :)
$TLRY 1h tf UPDATE: retest to breakout? or a retest to fakeout?reminders:
1. do not enter without the confirmation.
2. set your stop loss if entering with leverages
3. set your conservative TP
Disclaimer:
a negative catalyst can change a bullish trend
Trade at your own risk
candles may not follow the lines exactly, but it may follow the movement as specified.
Tilray (TLRY) - Weekly chart - Long scenario Looking to buy some Tilray if following should happen:
1. Price goes above the Resistance (orange line)
2. Price should create a higher close than last swing (blue line)
Would buy then on a retest of the yellow trendline.
Target: A weekly supply level also close to 50% Fib level.
Taking out that High (red line) would be interesting from a liquidity aspect.
about to fail ...or rippoint of inflection here in Tilray...It failed at ~$22 major resistance today, the last time it tried that handle, it retested 12 sessions later. But with meme momentum, it could rip. Playing this one with options, waiting for confirmation this week if it can punch through $22, if it does, we're off to the races IMO. If it doesn't, IDK we might see $9 on another big slide. I'm more bearish than bullish on it this evening just by looking at today's performance and when I look at it's accumulation/dist - not looking stellar. But what do I know, I can be convinced in a breakout, so start buying yer pot stonks brehs!
𝗧𝗶𝗹𝗿𝗮𝘆 𝗜𝗱𝗲𝗮: $TLRY Daily. On the Move 👀As long as over 21-22 area (previous resistance) has a shot at making a move towards 30 and this is a name that’s gone crazy in the past. Featured chart from guruhaven.com
$MJ $CGC $ACB $AMC $GME #PotStocks #MemeStock #Stocks 📈
$TLRY PT 300 and higherWSB plays
Tilray Inc. engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids. The company offers cannabis-lifestyle and consumer packaged goods; and hemp-based foods and alcoholic beverages. It offers medical cannabis in extracts and dried flower forms; and cannabis extracts, including purified oil drops and capsules. The company supplies cannabis extract products to patients, physicians, pharmacies, hospitals, governments, and researchers. It has operations in Canada, the United States, Europe, Australia, New Zealand, and Latin America. The company was formerly known as Aphria Inc. and changed its name to Tilray, Inc. Tilray Inc. is based in Leamington, Canada.
TILRAY SQUEEZE MAY BE COMING FASTER THAN YOU THINK In my first ever post in tradingview on 15May'21 when cought the falling knife at the exact bottom at $13.41 gave you also the weekly prediction until next May 2022 when I expect Tilray to be above $120 and most probably next stop somewhere between the $121-$153 price range (unless ofcourse EU takes steps for legalization also hence next parabolic arc will be to above $240 and towards new all time high).
In addition to the above I posted a couple of days later (when tilray at $15.01) a daily prediction until end November / Beg December 2021 where I expect Tilray to try to break the 52 week hanging man's high of $67 intraday 10FEB ($77 premarket 11FEB).
However seems to me that the anticipated squeeze will take place by next month and Tilray will break the February high by the end of July'21.
ALL IN
