TLRY thoughtsquick 2 min rough sketch up on thoughts here.
invalid if we set a lower low on daily
not financial advice
TLRY trade ideas
$TLRY long play ?
Every thing is on the chart.
Here on closer look of what can a see of the price action : s3.tradingview.com
Dont have a cristal ball but I think it quite possible to see a second bull run this year if momentum dont fade away..
Plus if this play out the RR is pretty good. Worth the risk.
An update on Tilray. TLRYA short recovery might be on the cards.
This is a reflection using technical analysis + only and we do not consider valuation and macro factors at this stage.
The Fibonacci targets going down are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
TLRY - Move to mid $20s - $30 looking likely After a reversal from high $60s, TLRY seems to have found a strong bottom and accumulation looks to be in play.
Price is currently underneath the monthly open supply as well as a major S/R; a trader may look to get long above or near these points, alongside volume expansion. Indeed, price is currently sitting around the 200EMA with other EMAs starting to look very compressed.
Blue dotted = 200EMA
Purple dotted = daily 200EMA
Looking at these EMAs at previous dates may be of interest to traders.
TLRY LongUptrend channel on NASDAQ:TLRY
price above:
EMA21
50DMA
5-10% port allocation for swing trading ;)
TLRY. Cannabis looking ripe. Also check out SNDL and TGODFThis is not a financial advice.
Don't forget to take profits you buffoons.
WEED stock as a whole might push TLRY As long as it follows the curve I believe TLRY can hit 28 by mid July. the weed industry is getting lots of attention and lots of money flowing in. Follow the money and that will advance your chances of becoming profitable in this market. Personally, I am buying the august 20 call strike price $20 with a put as a hedge. or the sept 17 call strike price 23.
FULL in Depth Anaylsis on $TLRY I want to start off agian by apologizing it was never my intentions to "clickbait" but in return did my full in depth analysis on tlry i am hoping we are able to bounce if not i will wait to buy the dip once the triple combo correction is over.
Looking for further drops on Tilray. TLRYIt was a good run, but now oh it's over now....
Zig zags are happening now. C Wave inbound we believe and we are going down.
Remember, this is not financial advice. You must do your own research and carefully make decisions for yourself by yourself. We love TA and do not provide individually tailored financial advice, or financial advice period.
Now that aside, Fibonacci in crystal clear green and invalidation noted, as always, in red. Good luck out there.
$TLRY 1h tf UPDATE: July 15 onwardsreminders:
1. do not enter without the confirmation.
2. set your stop loss if entering with leverages
3. set your conservative TP
Disclaimer:
a negative catalyst can change a bullish trend
Trade at your own risk
candles may not follow the lines exactly, but it can follow the movement as specified.
[Trade Review]How I traded $PLTR, + TALKS ON EUPHORIA/ LOSSES In this video I will reviewing trades I took on 6/15/2021 which were $PLTR taking a small loss practicing my risk management not a problem since im confident i will make it all back. Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Make sure to leave a comment for feedback about cutting back on the trading review videos let me know guys! Will be making videos on trading phycology due to the euphoria in the market so look out!
TLRY LongWedge breakout + pull back
SMA50/200 as support
OBV> OBV34
WR above -50
Entry 19
Stop 12
Target 35
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
NEW POSITION $TLRY Target 22.73 for 19.44% $TLRY Target 22.73 for 19.44%
Or next add level is at 15.33
I really do like swinging TLRY. Always great!!
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
TLRYON Watch- SWING IDEA--- Finally seeing higher highs and lower highs and seeing nice volume. Bounced off the 61.8 Fib. PT- $29
TLRY to $28?Beautiful uptrend with ascending triangle shows strong accumulation in the market getting ready for a strong and steady move up toward the 30 mark. I’ve marked my positions for clear entry’s respecting the trend-line . SL is according to your risk appetite .
Inverse Head & Shoulder 4HrTLRY 4Hr chart showing the inverse head & shoulder pattern, with 200MA acting as the neckline. During the last few days,
it has been showing contraction in volatility, which was showing on lower timeframes, but not on the 4H chart since it bottomed @ 13.41. This indicates that sellers are being absorbed by buyers.
Contraction in volume has been showing since the bottom with every rise, the rise comes with volume, then followed by a drop with contracting volume. The chart keeps making higher highs & higher lows. Which is an indication that only the weaker hands that hold the least are selling, and the big holders are coming in.
The company has dropped a few new products since the merger, which could be a catalyst for more sales & better earnings for next quarters. Federal legalization seems to be imminent, but no clear deadline. There are news about state legalization every other day. So Fundamentally, the company is going in the right direction. And the stock should reflect the future of the company.
So, we are on the right track both technically & fundamentally. Unless there is a major catalyst that brings the whole market down (The return back to normal; Increasing rates to control inflation), then we are going to continue higher.
TLRY Bullish Trade Setup (Consolidation Pattern) Looking to place some Leaps on TLRY as we test wave iv support level on Tilray.
It's time to back to the cannabis market. Long Idea on TLRY charHi guys!
I see a good entry point on Cannabis stocks like TLRY.
We are ready to break out of this triangle so we have a good risk/profit ratio here.
Put your SL under 200MA and under this triangle.
TP1 - 50%
TP2 - 100%+
Good Luck :)
