Tilray Brands, Inc.Updated TLRY
Range broke. So no range. Downgraded to neutral yesterday, so institutions are out of shares to feed us. Pennies away from daily MA21, super bearish close, so likely to see more downside. MA21 could provide a reasonable bounce, but only if she finds demand there. If not, the MA50 at $17 could be next.
Note
This seems reasonable. Would meet the 4 hourly MA50 at 1.618.
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Disclaimer
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.