TLRY - GREAT Buy Opportunity, IF ... !!!Hello! Friends,
This would be a great Buy Opportunity, IF NASDAQ:TLRY breaks up the Resistance at $9.88 !!
2HQ trade ideas
$HEXO Earnings are very POSITIVE!Do you see what we see?
Trends are trends...
But Flags are Golden....
Now which way??
Revenues up 30%
Gross margins at 40% (which is excellent)
Operating Expenses DOWN
Expanded Partnership with Molson Coors to
explore US CBD in CO.....
All we can say is that when Revenues go up 30%
from Quarter to Quarter...
ya that is a positive for this stock!
Very interestingAt a minimum to study, it's respecting the 30min descending triangle will it bouce around $9.65ish or blow through down further...
TLRY to end of the weekHolding $11 calls for this week, and $15 calls a few weeks out, a few puts for insurance as well. GLTA!
HEXO weekly reversalHello traders,
Marijuana stocks are gaining significant traction in past few days, as weekly pullback is taking place. The volume has been above average since last few days which means investors are starting to accumulate.
HEXO might be able to go around $1.60 before the earning. Long term target is around $3.
TLRAY INC |Bull Flag | S/R Flip | Clean Trade Setup Today’s Chart - TLRAY INC – Currently consolidating in a bull-flag formation above structural support.
Points to consider:
- Structural support retest (S/R Flip confirmation)
- Bull-flag formation
- Below average volume
- RSI trading above 50
TLRAYs S/R flip has been confirmed with a retest of structural support, the immediate target now structural resistance.
Volume nodes are below average, bulls need to see an influx out of the probable bull flag formation to support the bullish bias
RSI is above 50, showing reasonable strength in the current market
Overall, in my opinion, a bullish breakout is imminent. A long trade will be validated on a retest of the neckline (conservative entry) or a break of the bull flag (aggressive entry) as both technical targets align with structural resistance.
“When you smoke herb, it reveals you to yourself.” – Bob Marley
Tilray swing long Daily chart, Tilray long.
Price is obeying the transagonal support line, meanwhile the EMA25 continues to sweep under price just above the standard support line.
Target your preferred entry reason on a lower timeframe, the 4 hour or 1 hour chart would be fine.
Success!
Can MJ June 8 2020CGC CRON APHA ACB TLRY VFFIt's good to be back!
Most major names are in strong hourly uptrends but in different positions on their daily charts. CGC is weaker, VFF CRON and APHA are stronger, ACB and TLRY are somewhere in between. Bulls not in position are patiently waiting for hourly pullbacks to go long and bears not in position are waiting patiently for clear topfish levels - operative word is patiently due to the increasing bull volume.
$TLRY Squares Off with Binary Outcome RiskTLRY shares recently triggered an "Ascending Triangle Bullish Breakout", which is often an extremely powerful long side pattern setup.
But it can fail. And failures of this setup are often spectacularly damaging because investors often can't tell when to give up, and often give up in a crowd.
A move back under $7.50 would be bad at this point.
$HEXO BULLISH ON ALL FRONTS!From Light of the 5th Moon.....
Earnings around the corner from that!
A license to SELL RETAIL from HEALTH CAN!
Many many things are coming together
4HEXO it has been a long road, some of the greatest challenges
are about to be overcome....
$tlry Tilray Weekly Review
100 day moving average and $11.60 remain strong resistance. short term bearish until broken
stock is now making higher highs and higher lows which signifies a trend change
well defined mid channel resistance line holds firm
RSI approaching support
MACD and volume declining
Below $9.00 would be very bearish
$TLRY can rise in the next daysContextual immersion trading strategy idea.
Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $10,29;
stop-loss — $8,90.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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