TLRY
$TLRY Springs Higher, Trendline Resistance AboveTLRY is not a company we have been fans of, generally speaking. The debt-servicing costs are astronomical, and the company seemed to hit the public markets as a kind of cardboard cut-out fashioned for the show ahead of some big catalysts. But the bounce from $2 appears to be somewhat more substantial.
Maybe $300 to $2 was enough of a pullback for now?
Bullish Daily Chart on $MJDaily Chart is looking like a great long-term buy down here. Watching for a move over the daily 50sma and a continuation higher above $20.
It's been a rough ride down since March of 2019, We trended all the way back down to 2017 support on the North American Cannabis Sector shown here -> charts.stocktwits.com
I'm anticipating for this to hit $50 in the 5 years
GLTA and Reinvest those dividends back into MJ :)
$CGC Canopy EOY 2019, Inverted H&S in play? R:R 1:10$CGC Canopy EOY 2019, Inverted H&S in play? R:R 1:10
Picture explains the most, R:R makes it lovely.
Not financial adice
LONG ACB AURORA CANNABISBuy low sell high. Showing signs of a bottom. 2018 4.00 support level looks to be tested which computes a 50% upside from current levels. Could experience an echo bubble type move like other equities have in the past. Pot stocks starting to get a little more attention recently.
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
TLRY - DAILY CHARTHi, today we are going to talk about Tilray and its current landscape.
A dichotomy surges today on the Tilray Inc after the company reported its earnings yesterday with a worse than expected Earnings Per Share (EPS) -66.67% lower than forecasted and a better than expected Revenue, surpassing markets expectations in +3.05%. The increase in revenue was attributed to the stellar growth of pot sale reported by the company, with the help of European markets the company pulled off an increase of 5 times on its sales compared to the last year. A good signal for the company that gains traction on its pathway to becoming profitable.
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