It seems that TLRY is finally ready to be a big boy company, yet another deal signed in Europe and the strategic move to open a facility in Portugal looks like it is paying off. In teh days to come we will look for a trade above the Fibonacci Golden pocket @ $ 34.00 with a short term target @ $38.00 with $42 as the next major resistance. AT the levels we are entering a stage where we have buyers rather than sellers so shorts may get the squeeze soon with 51% shorts still in the stock.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.