Tell Ray to...I mean Tilray...

Tilray Brands, Inc. TLRY

Tell Ray to...I mean Tilray... okay, okay, okay. Tilray got himself in a descending triangle. My question to you is-Will Tilray get up and leave or will he fall down to his knees?

Well, I've cooked up an answer of my own after analyzing the information he provided on the daily chart. My findings are recorded below.

Pattern Identified- A descending triangle was identified on the daily chart for TLRY.

https://www.tradingview.com/chart/3QiR726y/

Position Explained-Bullish divergence on the daily time frame. TLRY is currently in a downward trend. However, it is in a buy zone. Both the RSI and OBV indicators are pointing up at time of this post (after market hours 28 April 2022).

snapshot

Peace and Prosperity,
Al

*******This is not financial advice.**************This is not financial advice.**************This is not financial advice.*******
Bullish DivergenceDescending TriangleSupport and ResistancetilraytilrayincTLRYtlrylongTrend LinesTriangle

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