2HQ trade ideas
[TLRY] 2021 Cannabis Market Roundup: TLRY and APHA Lead the Way!Cannabis feels so meta sometimes.
TLRY leads a 10x market run and then collapses to the worst performing Cannabis company in 2021 lol.
Man APHA definitely getting the short end of the stick here haha but they'll all make plenty of money slangin drugs together.
Wish I had done a mashup like this a long time ago, lots of fun data.
Here's how I've been betting it:
1. APHA/TLRY (TLRY was my #3 before the merger)
2. CGC
3. ACB
4. OGI
I threw in GRWG and CLVR here too.
GRWG is the shovels and pickaxes of this Green Gold Rush.
CLVR a new entrant that looks promising.
I have some other minor stakes but these are the Gems.
TLRY/APHA leading the pack with OGI coming out of left field recently to supplant ACB and CGC.
With OGI finally blowing up, that makes CGC the best value play right now. At similar value, CGC much better company than ACB.
Lookin to pick up another load around $23-$26 and we're back on the hunt for that double top ;).
APHA and TLRY are priced pretty well here, OGI lookin pretty overpriced. Rest are underpriced.
TLRY - Call Me An Optimist Just some ideas on a possible mid-term trend for TLRY. Draw your own conclusions.
TLRY decent long entry opportunity comingShould be good to go for a long position when stock price touches the 0.75 fib line in the support zone
TLRY reversal swing RSI bottomed out, MACD golden cross incoming on the one hour chart; will occur on daily chart for a longer swing. Slingshot pattern. Use fib retracement levels for price targets and support/resistance zones.
TLRY - swing calls, day trade, or buy stock - great r/rThe green arrows show when price retraced, RSI also dipped below 50 and came back over the next day. If RSI is higher by end of day and price moves over yesterday's high, that signals more upside. Stochastic looks ready for a bounce.
Choose your timeframe and take profits accordingly. My initial stop losses: < yesterday close, < 30. It is better to reenter a trade than to lose too much capital.
TLRY Beats on EPS, beats on revenueAbove R1 after hours, successfully retested. 32% short float. Squeeze right into my pockets please.
Good luck tomorrow, everybody, and a big high five if you had the balls to play earnings.
TLRY Confirm the anticipated rangeAs discussed on Friday, $TLRY confirms the possibility for a $28-$35 range. Bullish close. We have 3 waves up. Could continue up directly from here (buying into earnings after hours) or consolidate.
Earnings will be key to momentum, I suppose. I really don't know.
Buy the dip on Tlry. Long term holdBeautiful retracement here on Tilray with gap fill to 30 with a big upside target gap fill in play.
We are at support here so its a good time to buy and add a cannabis stock to your portfolio if you have missed the epic pump this week. That pump was great for day trading, this play is a solid long term hold. The weed sector has been on fire this year and I expect it to perform well through Biden's presidency.
All time high on TLRY is around 300 so 30 is a fantastic buy and hold opportunity imo.
TLRY M15BULLISH BAT for SCALPING
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
TLRY M30Bullish BAT
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
TLRY 1HRBullish BAT
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
TLRY Cup and Handle On Hourly?Just an observation, could be indicator of short term continuation of bullish trend.
