Tilray crossed bearish trendline (purple) and entered again into side channel 1.93$-2.10$
I think price will move inside the channel for some days berfore breaking out
First target to reach should be the purple dotted line around 2.40$
Short term channel is bullish (green) but long term one remain bearish (red channel)
I think price will move inside the channel for some days berfore breaking out
First target to reach should be the purple dotted line around 2.40$
Short term channel is bullish (green) but long term one remain bearish (red channel)
Note
Breakout failed, price cannot stabilize into side channelYesterday Tilray reached the bottom of the channelup at 1.81$
Now it can recover or exiting down heading to 1.62$
Note
Yesterday price tested lower support trendline at 1,71$In the good scenario price rise breaking purple trendline as confirmation
In the bad one price go lower than 1,71$ nullifying current upside channel and going down to 1,60$
Note
Cannabis legalization in germany from 1 aprilNote
Flying on reschedule newsNote
Something big will happen soon, price at the end of triangle Note
Disclaimer
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.
Disclaimer
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.