$TLRY - $12.74 support needs to hold$12.74 is the next support area. If that hold, we can see range bound consolidation between $13 and $19.
RSI oversold. Stochastic oversold.
Good case - 12.74 hold.
Bad case - $9.41
Entry - $12 - $13 (Greedy/high risk)
Stop loss - $11
Profit taking - $17 - $19
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.