TLRY trade ideas
TLRY Tilray Brands Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TLRY Tilray Brands prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2024-1-26,
for a premium of approximately $0.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$TLRY - Interesting again.NASDAQ:TLRY Tilray looks interesting. It is bottoming inside a triangle. Even though RSI is close to over bought condition the volume and the recent price action looks encouraging.
I am looking to take a starter position on a pullback. It is no doubt a risky stock.
Upside targets:
$3.30
$5
$7.35
Downside risk:
$1.5
TLRY LongLooks Bullish
fib at around .78 defib 2.0 thanx trade oracle
sqeeze dot on insane oscillator v2 , thanx trade oracle
stop at bottom of red box
target at top of green box at 1.0 fib
TLRY comes back?A long way ahead for TLRY:
-Nice accummulation in Inside Bars and nearly breakout.
-Small supply at the bottom.
Long TLRY | Potential double bottom pattern formationI was short TLRY at the beginning of the year, I am now long TLRY as it continues consolidating around 1.67. Good volume accumulation as a function of time and strong volume accumulation as a function of price. RSI looks good, fundamentalists would say good things about it but i am focused on price.
TLRY - Long Term Fibonacci Bottom ?This week (Wednesday) TLRY hits the long term 1:1.618 Fibonacci Time Extension taking the 3 most significant pivots.
In addition it is also drifting within the 1:1.618 Golden Window for Trend Based Extension taking the wave 1 and 2 pivots from the 2021 top.
This is high Fibonacci confluence that the bottom may be in or near and that the next bull market could be soon!
Be aware that this is a high risk stock, but high risk is also high yield if you get it right.
Not advice.
#TLRY Can you see valueThis is where you want to be a buyer in the long therm
Lets take some free seat and enjoy the flight once the Rocket takes off
Massive bull run is imminent The big boys will try to push it down as close as possible to $1.50. If you look at the volume profile to the left you'll see some gaps at around $1.63 and $1.60, then there's also the POC at around $1.57.
We have an unclosed gap slightly below the railroad tracks candle formation and it looks like the big boys are trying hard to fill it. Then there's a massive imbalance between $2.63 - $2.93 which will get taken out in the near future, on top of that MACD is hist is showing bullish divergence.
Once the last dip to the downside is complete we'll see a massive rip to the upside. 2024 will be the year of cannabis stocks. That's your last chance to buy cheap weed stocks like TLRY.
TLRY sign of reversalSimply put, a motive wave is a price movement in the direction of the main trend. In other words, each motive wave is a step forward during a rally. Motive waves always subdivide into five smaller waves according to certain rules.
After 5 waves we expect a corrective move . Most of the time that move is a pullback.
Then we can expect another serie of 5 moves. How strong they are? Depends on the buyers down low.
TLRY's Green Revolution Cannabis Stocks on the NYSEAs of the most recent data, the S&P 500, which represents the performance of 500 of the largest companies listed on stock exchanges in the United States, is trading at an impressive level. The index has been on a bullish trend, consistently reaching new all-time highs in recent months. This upward trajectory can be attributed to a combination of factors, including strong corporate earnings, optimism surrounding economic recovery, and accommodative monetary policies from central banks. Investors' appetite for risk remains robust, and as long as these favorable conditions persist, the S&P 500's bullish trend is likely to continue, attracting both institutional and retail investors.
TLRY Tilray Brands Options Ahead of EarningsIf you haven`t bought TLRY here:
Then analyzing the options chain and the chart patterns of TLRY Tilray Brands prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $0.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Earnings JournalAT A GLANCE
Simplistic Analysis: buy wave to the ceiling.
Trade Type: Touch & Go don't wait for a close.
Research Depth: technical glance only.
Earnings Anticipations: positive surprises for EPS & Revenues.
Surprise-confidence on a scale of 0-5: 2.5
Potential Short $TLRYGreat short with limited risk and decent potential for gains.
Main PT: $2.6 *You are responsible for your entries and exits if you chose to enter this trade*
Canadian pot company Tilray Brands (TLRY) has been preparing for marijuana legalization in the U.S. to boost its business. Recent news made investors believe that federal legalization in the U.S. might be imminent. This report led to a surge in Tilray's shares by more than 40%.
Winrate is 81.2% Buying Bullish S/T CALLSWe will see how high this thing goes. Buying Cheap very near-term Calls!
TLRYMONTHLY TRENDLINE BROKEN “Cannabis Stocks to Explode” by Awaken Soul🖤 #investor #investing #cannabis #weed #cannabisstocks #weedstock #weednews NASDAQ:ACB NASDAQ:CGC NASDAQ:TLRY #stockmarket
A new Crazy Rally could Happen!Forbes:
a top official at the Department of Health and Human Services released one of the most consequential announcements ever made at the federal level concerning cannabis prohibition. The agency formally recommended that cannabis be moved from Schedule I of the Controlled Substances Act, a classification for drugs that have a high potential for abuse and no recognized medicinal value, to the much less restrictive Schedule III.
Rescheduling marijuana could have a significant impact on the revenue of marijuana companies. Currently, marijuana is classified as a Schedule I controlled substance under the federal Controlled Substances Act (CSA), which means that it is considered to have a high potential for abuse and no accepted medical use. This classification makes it difficult for marijuana companies to access traditional banking services and to deduct ordinary business expenses from their taxes.
If marijuana were to be rescheduled to a less restrictive schedule, such as Schedule III, it would no longer be considered a controlled substance and would be subject to fewer federal regulations. This would allow marijuana companies to access traditional banking services, deduct ordinary business expenses from their taxes, and potentially expand into new markets.
According to a study by the Marijuana Policy Project, rescheduling marijuana to Schedule III could increase the revenue of marijuana companies by up to 40%. The study also found that rescheduling could create over 100,000 new jobs in the marijuana industry.
Of course, there are also some potential downsides to rescheduling marijuana. For example, it could lead to increased federal regulation of the industry, which could raise costs for marijuana companies. Additionally, rescheduling could make it easier for minors to access marijuana, which is a concern for many public health experts.
Overall, the impact of rescheduling marijuana on the revenue of marijuana companies is likely to be positive. However, there are also some potential downsides that should be considered.
Here are some specific ways that rescheduling marijuana could affect the revenue of marijuana companies:
* **Increased access to banking services:** Currently, marijuana companies are largely unable to access traditional banking services due to the fact that marijuana is still illegal under federal law. This makes it difficult for them to operate and to collect payments from customers. Rescheduling marijuana would allow them to access traditional banking services, which would make it easier for them to operate and to manage their finances.
* **Deductibility of business expenses:** Currently, marijuana companies are not allowed to deduct ordinary business expenses from their taxes. This is because marijuana is still illegal under federal law. Rescheduling marijuana would allow them to deduct these expenses, which would reduce their tax liability and improve their bottom line.
* **Expansion into new markets:** Currently, marijuana is only legal in a handful of states. Rescheduling marijuana could open up the possibility for marijuana companies to expand into new markets, such as those where medical marijuana is legal but recreational marijuana is not. This would create new opportunities for growth and revenue.
Overall, rescheduling marijuana is likely to have a positive impact on the revenue of marijuana companies. However, there are also some potential downsides that should be considered.
The 2021 Rally was wild..!
TLRY may fly high again I like the RR setup. Buying pullback zone with stops below the 50ma to start.
TLRY looks like the bottom is in Looks like the bottom is finally in. I expect a move to $5, then pullback to the blue MA and then massive ripper to the upside.
