$TLRY Tilray Trade Setup Very impressive move today which lead to a move to the 100ma. Alert set for a break above resistance @ $6.75 First major target $7.10 and if conditions remain bullish and the election outcome is favorable a move to $8.00 in the near term is not out of the question. POT stocks remain heavily shorted and volatile so trade with care.Longby BullishchartsPublished 119
Remember TLRY? part 2Looks like am objective buy at the channel. Hidden bull divergence also on the 4 hr chart. Daily RSI no bear divergence yet. I likeLongby the_sunshipUpdated 223
Cannabis stock breakout?The cannabis market has had a volatile set of years with its first mania peaking in 2018 and the crash that followed. Tilray has had a rough couple of years working off the excesses of that mania phase with the stock declining 95%. Since March though prices have been stabilizing and are showing signs of strength. A move to the upside will break the 2018 downtrend and be very bullish. This is likely to me resolved in the next couple of weeks.Longby ChartSpartanPublished 4
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.Longby laventaUpdated 223
TLRY long breakout imminent?If BTC goes on a run this might go to? $TLRYLongby GeronimoFrederiksPublished 115
$TLRY Tilray Inc Potential resistance levels. Beautiful bounce today off the channel trendline. 50ma resistance broken high volume , but not not the spike to signal short covering. Alert set for break above $6.75 Targets- $7.00 100 Moving Average $7.40 to monthly candle. $8.15 Point of Control POCLongby BullishchartsPublished 19
The Anatomy of a BreakoutIt can be difficult to predict the breakout of a major trend, but how about the second breakout?by traderpeabodyPublished 445
TLRYDid a trend based fib extension off recent Low to high back down to low. Analysis points to the following for me: 1) TP for fib ex is 1.618 = $9.15 2) Gap fill exceeds $9.50 3) strong resistance marked off in green at $8.34Longby Big_Mike716Published 1
Our Stock of the Day / TLRYToday, we will share a long setup; here is the full explanation: a) The price has broken a descending trendline after reaching a support zone and making a reversal movement b) Currently, we can see a corrective structure making a throwback on the broken area c) Based on that, we have set a long setup above the trendline of the corrective structure (check Entry, Take Profit and Stop on the chart) d) We will move our stop loss into break even if the price reaches the yellow line. e) We will risk 1% of our capital on this specific trade f) Remember: Trade Safe, protect your capital, and always understand what you are doing!Longby ThinkingAntsOkPublished 5
TLRY buy the pullback!TLRY did not disapoint and is now making a correction. Correction should be between 5.17 and 5.71, lower than that and would put the pattern in question. Also like the volume distribution in that level of pricing, should be great support. Buy dips or sell short term dated calls and collect premium!Longby laventaPublished 0
$TLRY Daily Chart X ZONE$200 -> $2 -> $20 $TLRY DAILY CHART X MARKS THE SPOT. Is it a treasure map or fools gold? Longby AaronXPublished 2
$TLRY Kamala Harris Pumps the Pot Stocks The stock finished just below the 50MA and descending channel trendline, a break above this level opens up the possibility of a rally to the 100ma. There is multiple horizontal levels to consider on that journey. The pot stocks need a blue wave and the chances of that are improving. Longby BullishchartsPublished 1123
Shorter term TLRY pathTLRY doing what it has to do...here's an updated path shorter term to what we should be looking for if it is going to blast off. On the look to moves to the 1.0 fib extension (around 5.55)....if it gets there and fails, sign of a corrective move. Above it to the first box, good news.Longby laventaUpdated 2
very close to the start of wave C (updated)we have one more pull back before we start wave C, we are currently doing wave 4 of wave c of wave Bby SPIRITUAL7INTERELLECTUALPublished 112
Has Tilray #tlry $TLRY broke a multi month downtrend looking for some volume and follow through Longby CryptoKuykePublished 2
TLRY taking off?TLRY presenting an excellent risk/reward trade...With support at $4.41 that is near the 78.6% retrace, I'm looking for it to go to 11.56 before a retrace, then break 21.05 convincingly and go to 38.25 at a minimum. After, retrace to around 21.05 to finally go to a minimum of 38.25. Has potential to spike towards 70+ if it holds this bullish pattern.Longby laventaPublished 10108
kush stocks boutta blow tf upthis canadian stoner stock looks ready to rock hahahahah bruh thats the corniest sentence ive ever typed lawl. Longby lofihennyPublished 3
TLRYGood morning TLRY it's time to get up. If it crosses the $ 9.5 line, "the gorilla will rise from the stoned" Longby pureplanetPublished 5