TLRY Coincidence or Destiny?TLRY in an auspicious rising channel with the upper line crossing $4.20 exactly on earnings day April 9th.Longby Shoelace2
Tilray's 8% Surge: High-Risk Gamble or a Path to Redemption?Tilray Brands (NASDAQ: NASDAQ:TLRY ), once a shining star in the cannabis industry, finds itself in turbulent waters as its stock price struggles amidst a series of setbacks last week. Despite aggressive growth through acquisitions, Tilray's stock has plummeted, trailing behind major indices and leaving investors questioning the efficacy of its strategy. The Acquisition Frenzy: Tilray's growth trajectory has been marked by a flurry of acquisitions, positioning itself as a major player in both the cannabis and alcoholic beverages markets. From snapping up eight beer brands from AB InBev to acquiring Truss Beverage from Molson Coors, Tilray seemed determined to diversify its revenue streams and mitigate the inherent risks of the cannabis industry. Revenue Growth vs. Mounting Losses: While acquisitions have propelled Tilray's revenue growth, with annual revenues soaring from $179.3 million in 2019 to over $700 million in the trailing twelve months, the company's bottom line tells a different story. Net losses have ballooned, surging from $36.1 million in 2019 to over $1.4 billion in the same period, raising concerns about the sustainability of its expansion strategy. Cannabis vs. Beverages: A Shifting Landscape: Despite its roots in cannabis, Tilray's focus seems to be shifting towards alcoholic beverages, evident in its recent revenue breakdown. While the cannabis segment still contributes significantly to its revenue, the beverages segment is gaining ground, a trend likely to continue as integration efforts persist. Challenges on Multiple Fronts: Tilray ( NASDAQ:TLRY ) faces an array of challenges, both domestically and internationally. In Canada, its home market, saturation is squeezing margins, while regulatory hurdles in the United States pose obstacles to expansion. Even in Germany, touted as a potential growth market, barriers loom large, underscoring the uphill battle Tilray faces in realizing its ambitious revenue targets. Stock Price Forecast: Tilray's ( NASDAQ:TLRY ) stock price paints a bleak picture, with a strong downward trend persisting throughout the year. Despite its downward trend, Tilray ( NASDAQ:TLRY ) stock was up 8% in early market trading this could be a sign of a bullish breakout after the stock's poor performance last year. Technical indicators suggest that further downside could be in store, with key support levels looming as potential targets.Longby DEXWireNews5
TLRY bullish falling Wedge imminent breakoutTLRY bullish falling Wedge imminent breakout, 2.38 support was reached and that will push the price higher above 3 - 3.25 LSE:CAD and moreLongby ginonadal1900558
TLRY Bullish outlook due to market shiftDear, Readers. My analysis is completely based of market strucutre. The ticker has been making consecutive higher highs this was confirmed after a market shift when price broke and closed above 1.99 on the daily time frame. Now this does not completely confirm a bullish trend. When price broke above 2.09 high this confirmed that we have made that bullish shift to potential higher highs. For entries I did the same analysis that aligned with my daily bias. I have targets set for 2.50 area. Longby whyshoulditellUpdated 14148
A new bullish channel up Earning drop was intense but defined a new minimun that match with previous one Is it possible to define a new channelup I think price will consolidate inside resistance 1.90-2.10$ this week before gathering enough strenght to target upper border at around 2.60$Longby balinor224
Bad DayYesterday earnings was almost in line with good look in the future revenue However price falled badly and yesterday candle broked down trend channel New chart to include yesterday daily candle, i think today price will go down near 2$ In the next weeks probably will be a test of the long term trendline (purple line)by balinorUpdated 2
Navigating the Green Waves: Tilray Brands' Strategic Moves Canadian market leader Tilray Brands ( NASDAQ:TLRY ) has weathered storms and is now charting a course towards growth and innovation. Despite recent stock fluctuations and an industry grappling with regulatory challenges, Tilray's resilience and strategic initiatives position it as a compelling player in the cannabis market. This article explores Tilray's recent performance, growth strategies, and the potential for investors as the company navigates through both challenges and opportunities. Market Snapshot: Tilray, once a high-flying stock that reached $300 per share in 2018, faced a significant decline but has shown signs of resurgence. With shares hovering around $2.11, the company recently reported record quarterly revenue, signaling a potential turnaround. Despite a lower-than-expected loss, Tilray's sales growth of 34% in the fiscal second quarter is a noteworthy achievement, breaking a streak of three declining quarters. Diversification Beyond Cannabis: One of Tilray's key strategies involves diversifying its product portfolio beyond traditional cannabis offerings. The company's 117% growth in alcoholic beverage net revenue during the reported quarter showcases its successful foray into alternative markets. With its recent launch of THC and CBG-infused RIFF BOOST beverages and the introduction of new flavors in its Chowie Wowie cannabis chocolate products, Tilray is carving a niche in the ever-expanding cannabis-infused product segment. Market Leadership and Global Expansion: Tilray's 12.5% market share in the Canadian cannabis market reaffirms its position as a leader in the industry. While awaiting potential legalization developments in the U.S., the company is proactively bolstering its alcoholic beverage presence and expanding its footprint globally. With 24 states and Washington D.C. having legalized recreational marijuana, and Germany potentially joining the fold in 2024, Tilray's growth plan focuses on new geographies and innovative product offerings. Strategic Acquisition and Cost Efficiency: Tilray's acquisition of rival Hexo Corp for $56 million underscores its commitment to strategic growth. Despite challenges related to pre-acquisition liabilities and exit costs, the company is on track to achieve up to $35 million in annual savings from the Hexo deal. This move not only enhances Tilray's market position but also demonstrates its ability to navigate the complexities of the evolving cannabis landscape. Challenges and Outlook: While Tilray has reported a drop in second-quarter income and faces industry-wide profitability challenges, the company remains optimistic about its full-year guidance. The decision to focus on adjusted core profit and achieve cost savings indicates a proactive approach to financial sustainability. Analysts project a full fiscal year loss for Tilray, but the company's strategic moves position it for potential growth in the long term, especially if regulatory environments become more favorable. Conclusion: Tilray Brands' journey from its 2018 peak to its current status reflects the dynamic nature of the cannabis market. The company's strategic diversification, global expansion plans, and cost-efficient initiatives make it a compelling player in an industry poised for transformation. While risks and challenges persist, Tilray's commitment to innovation and adaptability positions it as a stock worth watching. Investors keen on tapping into the evolving cannabis market may find Tilray Brands a compelling choice for long-term growth.Longby DEXWireNews2
use the ruler volatility of options and target for the year the chart for TLRY has yearly target of 3.88 and implied volatility of 66% which when measured from the dip to the target provides a reference for that dip that you can buy with greater confidenceby Prober73140
volatility tip off for bottom fishingthe target for the year is 3.88 , if you measure the range from the dip to the target you get confirmation of you bottom, you won't be flushed if you use this format in conjunction with the risk reward profile for the yearly view timeframe to get your max shares. You can also increase your risk reward ratio should the price drop by adjusting the risk reward line towards the stop price range such that you go from 1 to 1 risk reward to 4 to1, its a great way to fight back the whiplashing that surely will occurLongby Prober73140
Tilray bullish but beware of earningTilray has been bullish in the last months but tomorrow earnings will be out and price can take a new direction I think earning will be good because of the new THC beer lines that will increase revenue by balinorUpdated 225
TLRY Tilray Brands Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TLRY Tilray Brands prior to the earnings report this week, I would consider purchasing the 2.50usd strike price Calls with an expiration date of 2024-1-26, for a premium of approximately $0.22. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions115
$TLRY - Interesting again.NASDAQ:TLRY Tilray looks interesting. It is bottoming inside a triangle. Even though RSI is close to over bought condition the volume and the recent price action looks encouraging. I am looking to take a starter position on a pullback. It is no doubt a risky stock. Upside targets: $3.30 $5 $7.35 Downside risk: $1.5Longby PaperBozz226
TLRY LongLooks Bullish fib at around .78 defib 2.0 thanx trade oracle sqeeze dot on insane oscillator v2 , thanx trade oracle stop at bottom of red box target at top of green box at 1.0 fib Longby evnrandy333
TLRYTLRY I think there is a strong likelihood of this move Open - 1.89 SL - 1.39 TP - 4.47Longby ForexCompany1114
TLRY comes back?A long way ahead for TLRY: -Nice accummulation in Inside Bars and nearly breakout. -Small supply at the bottom.Longby phanvinhhai5
Long TLRY | Potential double bottom pattern formationI was short TLRY at the beginning of the year, I am now long TLRY as it continues consolidating around 1.67. Good volume accumulation as a function of time and strong volume accumulation as a function of price. RSI looks good, fundamentalists would say good things about it but i am focused on price. Longby N_I_G15
TLRY - Long Term Fibonacci Bottom ?This week (Wednesday) TLRY hits the long term 1:1.618 Fibonacci Time Extension taking the 3 most significant pivots. In addition it is also drifting within the 1:1.618 Golden Window for Trend Based Extension taking the wave 1 and 2 pivots from the 2021 top. This is high Fibonacci confluence that the bottom may be in or near and that the next bull market could be soon! Be aware that this is a high risk stock, but high risk is also high yield if you get it right. Not advice. Longby dRends35Updated 949474
#TLRY Can you see valueThis is where you want to be a buyer in the long therm Lets take some free seat and enjoy the flight once the Rocket takes off Longby funycoinUpdated 555
Massive bull run is imminent The big boys will try to push it down as close as possible to $1.50. If you look at the volume profile to the left you'll see some gaps at around $1.63 and $1.60, then there's also the POC at around $1.57. We have an unclosed gap slightly below the railroad tracks candle formation and it looks like the big boys are trying hard to fill it. Then there's a massive imbalance between $2.63 - $2.93 which will get taken out in the near future, on top of that MACD is hist is showing bullish divergence. Once the last dip to the downside is complete we'll see a massive rip to the upside. 2024 will be the year of cannabis stocks. That's your last chance to buy cheap weed stocks like TLRY. Longby MoneyForNothingAndPipsForFree776
TLRY sign of reversalSimply put, a motive wave is a price movement in the direction of the main trend. In other words, each motive wave is a step forward during a rally. Motive waves always subdivide into five smaller waves according to certain rules. After 5 waves we expect a corrective move . Most of the time that move is a pullback. Then we can expect another serie of 5 moves. How strong they are? Depends on the buyers down low. Longby PK_SEND_ITUpdated 242415
TLRY's Green Revolution Cannabis Stocks on the NYSEAs of the most recent data, the S&P 500, which represents the performance of 500 of the largest companies listed on stock exchanges in the United States, is trading at an impressive level. The index has been on a bullish trend, consistently reaching new all-time highs in recent months. This upward trajectory can be attributed to a combination of factors, including strong corporate earnings, optimism surrounding economic recovery, and accommodative monetary policies from central banks. Investors' appetite for risk remains robust, and as long as these favorable conditions persist, the S&P 500's bullish trend is likely to continue, attracting both institutional and retail investors.Longby DEXWireNews221