TLRY trade ideas
TLRY (long swing play) **Over 10 to 1 PROFIT LOSS potential**3 Long Confluences
- Confirmed 2 Higher high, higher low sequences (4hr)
- Bullish MA crossover (4hr)
- Joe Biden hype around marijuana (adding volume)
Target: We may see an attempt towards 20
$TLRY Tilray Weekly Chart Analysis- Alert Above $9.45
Points of interest on the weekly chart-
The 20ma has acted as very strong support in recent weeks & is
now rising along with the 7ma.
The 50MA and Fibonacci Golden pocket will be the main resistance
to any move higher this week @ $9.19 - $9.45.
RSI has crossed above Mid point for the first time since Jan 2019.
MACD & Histogram rising.
Bullish Weekly engulfing candle.
To open a new position possibly it is best to wait for resistance
@$9.45 to be broken.
LEGALIZATION VOTE RUN! $GRWG TLRY $CGC $HEXO $SNDL Cannabis stocks are sure to run! Video breakdown!
TLRY looking BullishFrom the IPO rocket to a multi dollar low pulling up and having a new US admin coming in and talks of legalization.
TLRY pitchforkThis chart clearly shows that TLRY found support near the bottom of the pitchfork and will likely be drawn to the median line next.
TLRY Trend Reversal AVWAP from 8/13/19 that's hidden
If the price can hold above the 200 MA we could see a good bull run. Price has never crossed before. Shorter moving averages curling up.
"TLRY Long" Bullish will this be able to push back to $12.69+NASDAQ:TLRY Interesting news on this one today and with this coming off of that 7.26 area I feel this can push back towards that 10.27 area and if the Federal Marijuana legalization bill pass then room to 12.69 plus at which I feel the fun will begin so next week will be key to see if this get passed
$TLRY - NR Picks Nov 22Tilray Inc (TLRY) es una compañía que se dedica al cultivo y distribución de cannabis medicinal, altamente beneficiada con la victoria de Joe Biden, lo que generó un upside en el precio de sus acciones de 110%, sin embargo, las marihuaneras después de una esperada corrección podrían presentar oportunidades interesantes, nosotros pudimos reconocer un canal entre los US$ 8.25 y US$6.90 donde podríamos percibir un retorno de aproximadamente 14% en las próximas semanas debido a que consideramos que el rally puede reactivarse, finalmente establecimos un stop loss prudente de 5% en caso el soporte se venza y la caída continúe.
TLRY Tilray Fibonacci Retracement completedTILRAY is also following the cannabis rally, even though the fundamentals aren`t there:
891.954M MARKET CAP and Net Income (FY) -321.169M. :)
So be careful with this one. It`s not life VFF (by the way, a great stock).
Tilray engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
$TLRY swing Stop loss $7. First take profit around $8.50, really want a run up to $10. Depends on how cannabis sector is doing. government wants weed legalized everywhere.
TLRY WILL FILL THE GAP TILRAY WILL FILL THE GREEN GAP, IT SEEMS THAT REACHED VERY GOOD BOTTOM AT THIS TERRIRORIES!
TLRY LongWeekly Wedge breakout + revisit
Entry 8
Stop 4
target1: 23;
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
tilray updated easy +200% after this correction. there are ganja penny stocks like GRNH that are better investments than TLRY. GRNH has a potential of +2500% (<0.003000 to >0.079000) long term while TLRY has a potential of +1300% (<3.65 to >50.45) long term. it best to trade TLRY but invest in GRNH
TLRY coming down, buying opportunityTLRY shoots up on election results, then gets a positive earnings report (they made money instead of losing!). As per our pattern, it is holding. Our wave 3 extended to 12.14 and now looks like it's in its wave 4, opportunity to add. 7.11 invalidates the pattern, so eyes on that level. Also looking for RSI to curl up and respect our line.
Tlry Just a little patience !!!Patience !!!
Loading ammunition for the next rally.
The cannabis field is going to be the hottest market (it has been dehydrated for a long time).
The company's reports are not the best but improving quarter by quarter.
The big money will come from investments that have come out of technology stocks that have risen hundreds of percent upwards (and will probably soon fall sharply downwards).
Slowly all the shorties will have to buy the stock ....
The opportunity here and now!
No professional advice !!!
Long TLRY [ Tilray ]There is an overall bullish sentiment for Cannabis Stock to experience large growth as a result of the US Presidential Election. NASDAQ:TLRY has recently broken a trendline that indicates price action bullish movement.
The Strong support level that is created at $10,50 is as a result of the bullish trendline and strong resistance that may turn into support.
This setup has an potential growth forecast of 123,74%
