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TLRY

possible cup and handle on TilrayNo daily bearish divergences, earnings are now past with a good shakeout. Positive MJ news coming daily so that may be the "reason". NY state still no announcement of legalization but NJ has voted for it. NY won't be made fools of by NJ folks, believe me. Short squeezes on the Ray are usually pretty fast. Cup and handle, head and shoulders, whatever you want to call it - it has a good R/R here Target around $20, maybe more considering the fomo this thing gets. Good luck
NASDAQ:TLRYLong
by the_sunship
1
TLRY Tilray Fibonacci Retracement completedTILRAY is also following the cannabis rally, even though the fundamentals aren`t there: 891.954M MARKET CAP and Net Income (FY) -321.169M. :) So be careful with this one. It`s not life VFF (by the way, a great stock). Tilray engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids. If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NASDAQ:TLRY
by TopgOptions
4
And we have BLASTOFF on $TLRY!!!! Where to add...Following our pattern to a T! With the results of the Presidential Election eyes to turn cannabis stocks as potential moves in the Federal guidelines for schedule 1 drugs might change. A buy the rumor type event IMO. Welllllllllll, if you bought the pullback like we suggested you got your money's worth. Pattern called for a nice dip between 5.17 and 5.71 (actual lowest level was 5.29) and then it really took off. High Friday was 12.04 and the a pullback. We think this finished it's wave 3, now in wave 4 and a wave 5 to follow (shown on chart). Wave 4 target ideally is at 8.01, invalidates at red line 7.24. If very bullish can continue extending up or have a shallower retrace. Wave I of 3 should end between 13.79 to 16.56, again typical targets but can extend.
NASDAQ:TLRYLong
by laventa
Looking for the right spot to add to TLRYOk, got our upper level and our pullback. Now where to buy...typically I would be looking for divergences in RSI and MACD along with a lower price for the sweet setup to buy. Price should be in the "box" or between the 61.8 and 38.2 fibs...and with a lower price we should have higher RSI and MACD. So now, this "should" be an A wave, with a B wave higher then a C wave that sets up the divergences. Impatient traders (myself included) will buy in the box, then ride the B and C wave with all the negative emotions that come with it. But it is also a "safer" trade as you don't miss out. As always, have a stop. Stop should be under the final fib, anything below that although tecnichally viable is probably not viable.
NASDAQ:TLRYLong
by laventa
2