ABC BullishPossible stop under C or last pivot low.
No recommendation.
This one possibly was an arc on last run up but has fallen almost to the bottom. But not quite. I suppose it depends on if this sector keeps moving.
2HQ trade ideas
$TLRY 1HR TF: POSSIBLE TARGET with adjustments based on the .65 retest.
reminders:
1. do not enter without the confirmation.
2. set your stop loss if entering with leverages
3. set your conservative TP
Disclaimer:
a negative catalyst can change a bullish trend
Why TLRY Price Action Yesterday Made Me Buy MoreYesterday may have been a more nerve racking time with TLRY after expecting a huge run up for most people, as we expected TLRY to moon.
Here is an explanation for the movement from yesterday.
Starting out with the first 15 min of the day, we hit our first target of 22.05 which was a big resistance level according to the volume profile.
After fighting to continue upward, TLRY responds with heading down to 19.10 to fill the gap from premarket.
This movement from TLRY then caused somewhat of a panic to its holders due to a three-point drop, which ended with forming a flag until after hours.
This is the best set up we could have gotten for continuation.
Relative Volume was up 3.60.. 84 mil volume yesterday, 25 mil volume on average.
We have filled the gap with volume coming in. The ideal play for today is to shoot past the 22 resistance level and head for the next target at 24.42
Hold strong and have patience!
TilrayThe price broke the downtrend which was intact since the 10th of February 2021. Also, the increase in volume supports the idea that a shift in trend is taking place. The stop should be placed around 13$ (a price under 13$ would end the new uptrend) and the ATR stops default settings can be used as stopmanagement.
TARGET HIT $TLRY @ 21.97 for 26.19% Profit in 33 daysTARGET HIT $TLRY @ 21.97 for 26.19% Profit in 33 days
This one hit in pre-market today but I couldn't publish the chart because I guess I published 10 in the past 24 hours. So I had to update in aftermarket hours. Took profit at target @ 21.97 🥳
I love this stock and I'll be back when it hits the Lower BBand on the 4 hour.
TLRY. Looks like money.I don't know what to say besides I think this is a really good long term investment.
Momentum is up. To me this is a good investment. I'm going to put some money into it now.
Short Activity Report - GreenI am bullish on this poppy and happy to see no short in sight at this price.
SO ...
Green - Happy sailing no short activity
Yellow - Some mixed activity still shorted
Red - Critical shorts that will be followed by a flash
RED FLAGs ... I will explain as they occur
Just a thought
TILRAY SQUEEZE TO ABOVE $142 +When in doubt look at the bigger picture. The only thing u will regret is that you did not buy more. Squeeze coming to above $142 + Fibonacci (0.5) $151 range.
Tilrrrrray - bullish setupChart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 16.67 USD
$TLRY #TLRY the Return of weed?Possible 5 waves up seeing a nice cup and handle also, if memes are back possible that tlry could follow.
TLRY 420 TRADE SETUP NEXT GME NEXT AMC? Most of the meme stocks have been moving off the monthly squeeze aka A8. TLRY has a similar setup with magic Mike potential. If this ticker is the same setup as AMC then we can see tlry double from 20 to 40 in in less than 7 days.
Trade Review Heres a Trading Review on how i was able to catch such a sick move to the upside, downside and once again upside on $TLRY!
$TLRY 1- Leaps Calls 100 Jan 2023 2- Leaps Calls 100 Jan 2023Support and Resistance
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.
$TLRY Target 21.97 for 26.19% $TLRY Target 21.97 for 26.19%
Or next add level is at 12.65
I sure do love TLRY... Target is the same... let's do this...
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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.
TLRY the MJ stock breakout we needOH baby this is promising, I bought in a little early and I am up 40%, it is testing the breakout and I am pumped for this, July calls are still relatively cheap, this would be a several week swing. Accumulation phase may be over and we will be onto the markup phase. $$$
TLRY :/wimpy play here, but pointing out the obvious compression after the exponential run up.
We tagged the long term trendline and are bouncing in a corrective ABC structure.
2 potential target zones identified depending on the size of this bounce.
Using other SPACs, Us major indices, and DXY as a proxy for this play, I actually favor the higher targets near $19.
Ultimately I think this compression breaks down, either using the top of the gap or filling the gap as a bounce zone at $10 before continuing higher.
More often than not you actually break out of triangle compression, but sometimes you pierce through the bottom, as I am anticipating
Tilray to $30 -- getting highThis is strictly a technical analysis of Tilray and nothing more -- their financials are garbage and the stock is currently overpriced, but what isn't...
I think RSI is in a good spot on the daily to really run up. Price has been rising along with volume, confirming the market's interest in taking Tilray to higher prices.
First target is $22, and then second target would be $30. I am foreseeing a larger harmonic structure forming here with price rising to $30, which coincides with the .5 fib.
This is not the optimal place to enter this trade, but if you have the kahunas on you, then by all means go ahead and long here.
