Don't be scared if it goes back to 6.30Looking at the previous trend line support, there should be no suprise that it goes back to it. I think 6.30 can be important due to previous resistance and support levels too. by rolldice3
TLRY & CGC | Technical and Fundamental Perspective For CANNABISTLRY & CGC | Technical and Fundamental Perspective For CANNABIS The problem with TLRY , CGC and other Cannabis companies is that they are all waiting for U.S Senate approval and to be legalized. Actually, they are below their fair value. The actual Cannabis companies cover 3% of the market. If the Senate will legalize cannabis the whole market will jump. It is calculated that they will have an increase in the actual demand by 6 times higher. They are also expanding in Germany and Netherland lately after cannabis legalization. One of the biggest problems is that big institutions like banks can not add cannabis to their portfolios as long as it is not legalized. The banks have major equity when it comes to investing. This equity will be used by the companies to increase investments. So just keep it in your portfolio if you have patience and can wait until it gets legalized. Thank you and Good Luck!Longby KlejdiCuni171735
$TLRY smoking on that tilray pack 👁🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Recap: The market has been in loading zone the past couple of weeks. My team is loading up shares of companies that we believe are likely to benefit from this rally. Today before the market closed my team purchased shares of marijuana company Tilray Brands $TLRY at $6.26 per share. Our take profit is $10 ENTRY: $6.26 TAKE PROFIT: $10 (OPTIONAL) STOP LOSS: $5.50 If you want to see more, please like and follow us @SimplyShowMeTheMoneyLongby SimplyShowMeTheMoneyUpdated 7
Tilray - Time for a rocketChart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 6.25 USDLongby Maxi-Scalibusa4
marijuana could be exhausted to the downside soon (TLRY)tilray brands is another one of those stocks that has seen booms, and since declined to an extreme. we are far from changing the daily trend, but the hourly turn around looks like longs could take a whack at the lower 5s and upper 5s trading in the range that they are with a potential sell climax.Longby cerealtradesUpdated 444
the dip continues tlry still being held back by extreme trend resistance, in my last analysis I gave a price target of 5-6 and got hate from many people here on tradingview.. anyways, every target was hit! a move below 5 will send it to 2.6. a break above trendline could send it on a parabolic rally. like and follow for more! 💘Shortby Vibranium_Capital3326
TILRAY POISED FOR BIG RETURNSWe hit absolute bottom!!! Tilray will reach great prices now you can see a BULL flag formed and price is getting suppressed for a jolt move up watch out :) Longby nurulk694412
$TLRY could take a lotto now...Closed out the same week $6's at 3x, could get more but not worth risking, worked as plannedby UnknownUnicorn3924154229
$TLRY just give me $7 on this push...Not going to expect the world on each recovery for $TLRY, week stocks are in a long term down trend that is yet to be broken, but recovery bounces can easily be 20-30% before dropping again...by UnknownUnicorn3924154332
Start DCA on TLRYTLRY has hit my quadruple layered fib retracement target. It may continue to sell down to mid $3, but I will start dollar cost averaging at these prices. Not financial adviceby FiboTrader10
$TLRY March calls still alive...Looking to bullish engulf at $6.41, if we can hold here and make $6 the new low point that seems like a reasonable point to put on our chart as a new support level...would love a close tomorrow over $6.50 to set up next week. by UnknownUnicorn3924154228
TLRY Swing- Tried to break out and failed in previous days. - needs to follow the bullish trend line I added. Above it bullish. Below it is Bearish. - Watching red zone territory. Daily Minute chart can be sketchy at times, but a zoom-out look on the daily it's still sticking to the plan. Longby happytrader1543335
Bullish ReversalIf that ain't a reverse head and shoulders then idk what is. Good value for a stock with lots of growth ahead of it.Longby MonetaryRebel10
Watching TLRY and ACBReversal on the Day Chart. Watching Break of 7.40, and holding 7.25 into the close. ACB has a similar chart. Will look into both tickers later on tonight.Longby happytrader15430
Time to buy the dipFalling wedge reversal pattern. Still not very experienced with Elliott Wave Theory, but I do believe there is a crystal clear 5-3-5 ABC pattern close to completing. Price is situated on very strong support spanning the past year and a half. MACD attempting to cross bull. RSI on weekly has broken slightly below 40 RSI which was historically very strong resistance. With earnings right around the corner, keep an eye on this and ACB.Longby UnknownUnicorn5836947Updated 262612
Tilray found a bottom? Tilray shot back up above the moving average. We may be getting a relief rally to resistance as the cannabis market has been getting absolutely killed. The industry is waiting on US gov movement on cannabis legality. Once we get some approvals this stock will strap itself to a rocket. TP ~$9.66 I have bids in the $6 range. by hennekllc116
Let’s see if TLRY can go to at least $9…Tilray Inc. shares on Monday gained back some of their recent losses after the Canadian cannabis producer posted a narrower-than-expected loss and played up its prospects for expansion into Europe and in beverages. Tilray CEO Irwin Simon told MarketWatch the company would consider acquisitions of companies that will add to earnings, but not businesses that are burning cash. M&A deals could help Tilray achieve its target of 20% to 30% market share in Canada. “There’s got to be consolidation in the Canadian market because there are just too many LPs (licensed producers),” he said. “The question is whether an acquisition would be synergistic.” Simon said he’d rather issue equity to buy an accretive company, than issue fresh debt. “I’m not a big proponent of debt…partly because I’m conservative and interest rates could go up,” he said. “Debt has to be paid back.” Turning to the company’s second-quarter results, Tilray TLRY TLRY said it lost $201,000 or zero cents a share, compared to a loss of $99.9 million, or 41 cents a share, in the year-ago period. Revenue increased to $155.15 million from $129.46 million.Longby emiliolicon980
$TLRY on watch...100 day sma is still pretty far away, usually when this runs we get a few days back to back...might grab a few next week $10's just in case...by UnknownUnicorn3924154113
Tilray (NASDAQ: $TLRY) Topping Headlines Today Across All Media!Tilray, Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. The company operates through five segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, Wellness Business, and Business Under Development. It provides medical and adult-use cannabis products; pharmaceutical and wellness products; beverage alcohol products; and hemp-based food and other wellness products. The company offers its products to retailers, wholesalers, patients, physicians, pharmacies, clinics, hospitals, governments, and researchers. It has operations in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company was formerly known as Aphria Inc. Tilray, Inc. was incorporated in 2018 and is based in New York, New York.by Bullishcharts4421
TLRY - Will Go Sub $4 !TLRY accelerating down, I had previously thought it may settle in retracement but it is certainly not. This PA I think is a cycle ABC - still an aftershock rippling from that wild rally up to $300. This is a good stock imo but them waves do lash. First target $3.5. See you there.Shortby dRends35181812
Chronicle Logical GainsFound this beat up old emerald mine collecting dust. Time to keep those puffy eyes peeled for the imminent breakout. For starters there is a classic diverging MACD tilting upward into price decline. Now taking a look a volume it's clear where traders have come in before. More often then not these levels are reactive so could be a move coming. Should that break lead to the next rally then there is a nice 100% gain to be had at the target above In addition the weekly chart shows momentum starting to curl up and there is another level to mindLongby trade-GodUpdated 10
Does TLRY have more selling in it's future?TLRY is a long term buy in my opinion, but I don't think we have reached the end of selling for this stock. Due to no cannabis legislation being passed and no foreseen legislation being passed any time soon, this stock has been nothing short of anemic since Feb 2021. I believe we touch 3.70 before the buyers ever come back into play. Not financial adviceShortby FiboTrader1552
TLRY: Critical Support @ ~7.50, with Room to DeclineIgnore the rocketship emojis and people that are clearly using TLRY's products before posting analysis. We're at a critical support level, pre-2021 hype accumulation from meme-age. If it holds 7.50, great, it may not decline further. Sell volume seems to have tapered off, and while risky, we could be at a good entry. However, the synergies promised by Aphria have not been fully realized, and TLRY has shown willingness to dilute existing shares in order to continue aggressive acquisitions. Tight stops and careful plays if you're entering; I'm bag holding from too long ago not following my own advice. Good luck. Not a financial advisor, I do have a position in TLRY that's been my worst play of the year. by anothernic554