Showed strenth and coming out of the base today.
Stayed above RSI-50 which signifies momentum.
Entries: 18.80-18.90
Stop: 17.90
VAR: 1.5% (price-based stop, aggressive play)
Saw this based on volume and pattern in Finviz. To me it looked good. MAs are near price in consolidation and it is showing signs of imminent breakout. Other than that, earnings are good last quarter.
Bought mid-day on levels of support intraday.
Patter: Reverse H&S
Buy: 37.05 - 37.10
Stop: 34.80 - 34.40
TPs (Price based) : 44, 50
Trail: 20MA and 50MA at 30min...
Bought TLRY on Feb. 08 at 19.96 to 20.30s when the momentum kicked in.
AEP: 20.18
Initial Stop: 19.0
Target Price(s): 65, 96, 110
Allocation: ~30% of port
VAR: 1.5%
Big picture formation: Bottoming
Entry setup: Bull flag
