A hanging man is a type of bearish reversal pattern, made up of just one candle, found in an uptrend of price charts of financial assets. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick TILRAY skyrocketed 1400% in 95 trading days, make it possible for this hanging man pattern to be the Top for the trend. If you have TILRAY, activate your exit plan. What is interesting for me is Tilray has all the criteria for hanging man candle IMO: Put options with risk management could be rewarding..!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.