TLRY🌿: Make Me Have Beautiful Dreams With Money🌿😂$TLRY lately it's one of the largest companies in the cannabis industry. The merger with Aphria another competitor positioned this company in a better position in the market. Before two months this stock was also added to SNB's (Swiss National Bank) investment portfolio.
On 28-July-21 they also reported very good earnings . The results were the first from Tilray since it merged with rival Aphria in May and it resulted in very positive.
Buy @$13.80
Targets:
$15.37 or 11.38%
$16.85 or 22.10%
Thank you and Good Luck!
TLRY trade ideas
TILRAY WILL BECOME THE TESLA OF (MEDICAL) CANNABISDon't know about the rest of the cannabis stocks (and I don't care to be honest) but what I know is that since Tilray made a spring on 27 JUL 2021 at $12.54 and successfully retested same with a higher low today / 17 AUG 2021 at $12.78 ---shaking the remaining weak hands off the stock and trapping all the wannabe (short) traders who are spreading FUD while talking about the apocalypse (lol) --- then TILRAY will bounce hard from here GAP UP tmrw / 18AUG 2021 so to return back to her trading range and the 0.5 Fibonacci at $151 will not stop it in the near future!
TLRY. are we still legalizing marijuana? Wisconsin GOP shot down the most recent budget plan, which partially dealt with marijuana legalizing. Democratic governor meets republican representatives means Wisconsin probably will not do anything meaningful for a while. In the meantime Wisconsin residents travel to Illinois where they spend almost 100$ million annually on marijuana products.
Some other things shot down in the plan were increased tax breaks for the poor, investment in education and underserved communities, and increasing minimum wage. More of the usual. I can only ask myself why is the GOP so opposed to making life better for people? Is it because an educated and healthy population wouldn't vote for them?
Countertrend WSB P&D: Sell Vertical Spreads at ResistanceTLRY has broken its trend on negative CMF volume. Today's 22% gain ran into resistance (center bollinger band) and seems likely to pull back to the central ribbon support/breakout area in the next few days.
Selling vertical spreads on WSB pumps often turns out well. You can get the 15.5/15 for even money.
Tilray $TLRY Bullish BreakoutAfter touching the 500 Day bullish trendline, $TLRY seems to have had a bullish breakout of its local downtrend channel. If it has a successful retest of the break this could potentially be a bullish setup. The targets are labeled in the chart.
~First target $19
~Second target $23
~Third target $31
$TLRY Target 18.81 for 24.49% $TLRY Target 18.81 for 24.49%
But if you’re brave…. look to chart...
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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.
ONLY ADD at support levels & FIB levels…
I start every position with .5 - 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.