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Tilray

Tilray - About to make a huge step!Tilray shares are about to make a bounce back up. The shares have taken a 70% haircut in 2019, we think it's time to get back in to this stock. "Tilray sold $15.8 million worth of recreational weed. International medical cannabis sales increased to $5.7 million from $949,000 a year ago. Tilray Chief Executive Brendan Kennedy said in an interview with MarketWatch that he attributes the international cannabis sales to investments the company made in 2017 and 2018 that are now beginning to bear fruit." www.marketwatch.com finance.yahoo.com
NASDAQ:TLRYLong
by BlueDimeInvestment
Tilray vs the rest Pot stocks have had a rough few months, and shareholders of Tilray have been hit especially hard as shares have dropped 55% since early August. Much of that decline can be traced to disappointing earnings results. In mid-August, Tilray showed sales growth in Q2, as revenue jumped nearly 400%. However, management's aggressive spending produced net losses, and investors responded to the news by shedding shares. Tuesday's earnings report will likely contain these same themes of high sales growth paired with soaring expenses. That means there's little reason to expect a dramatic shift in Tilray's stock-price trend - at least until investors get more concrete signs that point to the likelihood of sustainable earnings generation in this unproven industry. The good news is that with shares battered so far in 2019, even a modest step toward profitability could spark a rally in the stock as early as this week.
NASDAQ:TLRY
by Martintradingza
TILRAY - Major Bullish SignalsWeekly RSI bullish divergence plus break-out above the downtrend line. Still in the accumulative zone and previous week closed TD5 Downtrend and this week on TD1 Uptrend. Moving Average Convergence Divergence (MACD) indicator also showing bullish divergence and crossed to bull mode. Overall this looks like a great entry and if it goes lower even better to scale in longterm. It also appears to have completed 3 down waves in a falling wedge or downtrend channel. Please like and comment if you agree or have a different view! Good to go, happy trading. -TheTrex
NASDAQ:TLRY
by TheTrex
3
Tilray: Where is the Bottom? When's the Real Rebound?As I expected prior to Tilray announcing their Quarterly earnings, I expected disappointment and therefore a push down. Contrary to many people being bullish based on the trend appearing of Wyckoff in nature, I focus on the balance sheets and earnings more predominantly than simply basing my decisions on trends. In today's market manipulation, it is foolish to only look at technical patterns and indicators, but rather, investors must look at a plethora of indicators. Given the overall somewhat poor sentiment on the stock market due to geopolitical factors, I see little reason for big money to risk money in the cannabis sector right now. With continued turmoil from CannTrust I believe Tilray may bottom out around 23.50. Always wait for a re-test after the initial break-out for stocks prior to buying. In general, I see a very slow uptrend for Tilray (until 52.50), almost similar in appearance to MAXR. We will get higher eventually, but not anytime soon. If you can enter below 25.00 I would definitely throw 3-4% of your portfolio in the stock but don't expect significant ROE for quite a while. Watch for a lot of false break-outs from 35-43.50 during whenever the next uptrend sha'll be. -- zSplit
NASDAQ:TLRY
by PaulDeep19131
Just Some Weed For Fun (TLRY)I primarily focus on cryptocurrencies, but since many are stagnating at the moment, I'm looking at some other assets for possible setups. If I had some extra investing capital right now, I'd actually enter a small position here. The market seems to be overreacting a bit, and TLRY is now at a prior resistance level turned support. If it can bounce here (ultimate oscillator is showing a potential bottom with a large divergence), Tilray can make an attempt to break the downtrend channel. If this happens, near term targets are around the $50 and $65 levels. You can see that clearly on this chart. However, if Tilray cannot hold above current levels, it can head easily to the $24 zone (next support). There is significant downside risk here, so a stop loss might be a good idea, if one were trading this. With stock market volatility at extreme levels, it's important to recognize the risk associated with opening short term positions (particularly on margin). I would expect current share prices to be fairly strong entries for the long term. Analyzing is just a hobby of mine. I am NOT actively day trading at this time. This is certainly not financial advice. When looking at equities, it's important to assess the whole picture and do diligent research. We shall see. -Victor Cobra
NASDAQ:TLRYLong
by VictorCobra
TLRY: Poor Q2 Earnings To Push Stock Back....For NowWhile many people have been super bullish on Tilray, I posted a little while ago my reasons why I am not bullish yet on the stock. I predicted their earnings would disappoint and they did. Tilray had a fake break-out to trick investors, and the stock increased to 46.00 and change today, only to give it all back post-earnings and back in its consolidation to 42.00 by the open tomorrow. While their revenues are increasing; their losses are mounting. However, after studying their balance sheet extensively, I believe most of their losses are due to business structural changes, rather than industry issues necessarily. I believe Tilray will break-out in-time for their Q1 2020 report. After their Q1 2020 report I believe we may finally see Tilray inching closer to the 60, 70 and 75.00 ranges. Moreover, I believe the poor earnings may push the stock below 40.00 temporarily (not for too long), and that should be your buy zone. I do not recommend buying the stock now because you won't get any decent ROE for a while. Ideally, you want to set a stop loss buy for about 35.39 and closely monitor the stock to see if you can get such an entry. If you are desperate to own the stock then anything at 39.00 or below is recommended. - zSplit
NASDAQ:TLRY
by PaulDeep19131
Tilray: Will It Ever Bounce Back? Not Anytime Soon.Over the past how many months, especially on Tradingview, you have heard that Tilray is going to make some epic comeback just because how exponentially negative and horrific the chart and trend-line looks. But will it? The short answer is: yes, but not for a while. As I have said many times, you cannot just focus on trends to determine a stock's cycle. In terms of Gold/Silver - geopolitical, political and monetary policy matters tremendously. In this instance - Tilray - you always have to look at the performance of the sector, technicals, analytics, the company, and importantly, the balance sheet. For Tilray, the balance sheet looks abysmal until at-least 2022-2023. Tilray has gone under major business and core competency changes that in my opinion will keep it from actually breaking out above its major resistance near 52.50-52.86. Sure, it'll bounce around from 40-49 for a while, but who cares. Compounded by the fact that Tilray is expected to continue to LOSE money for at-least the next 2-3 years, and, that we are likely entering a global recession in 2020 I don't suspect will see anywhere near a 3x ROE for 3-4 years (i.e. when the stock hits 100.00 again or more). Keep in mind that recently, much of the Cannabis sector has tried to rebound, however, Tilray has failed to break-out over 4 times since June. Tilray is starting to look a lot like (ticker: MAXR) - a super long upswing that may take 3, 4 or 5 years before it gets anywhere exciting. Having said that, if you can buy-in under 40.00, I would definitely throw at-least a few thousand dollars into the stock as it will likely not fall below 35.00 - period. I am predicting earnings (which will be released in the next week) to decline, which could push Tilray back into a buy range (38-39.00 or lower). - zSplit
NASDAQ:TLRYShort
by PaulDeep19131
1
Can Tilray Get Back to over $100?Looking at Tilray with the MACD and Megalodon indicators, we can see a buy signal on the daily for Tilray. Something that we've seen only twice before, both times being the start of significant rise. The Daily MACD doesn't have as much room to turn as did previous signals, however it does look a lot sturdier and supportive. As of right now though, we cannot chase this stock. Looking at the shorter time frame we can see a strong sell signal from the Megalodon. So while I am feeling confident about Tilray in the long term, we must wait for a short term correction to find our buying opportunity. The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will also receive real time buy and sell signals for the stock market, cryptocurrency, as well as forex markets! We also busy completed our cryptocurrency automated trade bot. It trades for you, using our backtested indicator with phenomenal results! So try it today!!!
NASDAQ:TLRYLong
by RandallGurule
1
$OGI Showing Signs of a Bottom Despite Continued Sector Rout$OGI has held the 200DMA as support the last two trading sessions & on July 15th. Hammer candle was put in on 7/29 followed by a bullish engulfing signal today. OGI current trades at a 10x P/E 2019 revenue and a 3-4x P/E on FY2020 revenue estimates. We see several near-term catalysts for $OGI and feel the stock will benefit immensely once the current industry chaos settles down (CTST, APHA, HEXO, etc) The company announced July 15th, it developed a Rapid-Onset Nano-Emulsification Technology for Cannabis Beverages with an initial onset of 10-15 mins vs 60-90 mins on average. The company also clearly told the market they're actively seeking a beverage partner & is for sale. Management has proven they can execute with positive adjusted EBITDA 4x Qs in a row, minimal dilution to shareholders vs peers, disciplined w/ expenses (No $600M losses here), and a very transparent with investors. $OGI management won't pump the stock & give unrealistic guidance like some of its peers, $OGI is focused on building an operationally sound profitable cannabis company in Canada & Internationally. We expect $OGI to get a lot of attention from institutional & retail investors state-side in 2H 2019 as investors begin to pay more attention to market caps, margins, profit/loss, etc. The industry is maturing very quickly and we believe investors will begin to see $OGI as a Top 3 LP. Time will tell... ***Disclaimer: I am long $OGI. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.***
NASDAQ:OGILong
by cb035
1
Tilray - Follow the raysNASDAQ:TLRY $TLRY went through a rough year. The greed/fear cycle played itself out, and here we are... back where we started. $34 is a major support, and we just double tapped it and started an upward trajectory. Based on the volume profile of the stock, I think we're headed back towards an equilibrium, right around the mid 70s. We'll consolidate at 50 for a bit, but then I expect us to move quickly up to about 78, where another area of consolidation will occur. We may see some brief consolidation around 60, but it'll be short lived as it's not a major zone. Follow Tilray's rays. Low created a high, a higher low and a higher high. That's an uptrend, my friends. Keep stops tight, but I believe we've found the bottom at 34. The uptrend was confirmed by a last kiss, which is icing on the cake.
NASDAQ:TLRYLong
by pobudz