Tilray INC, TLRY. IPO release, high risk trading!

lets keep it simple.

if you havnt check out my other crazy accurate charts, then go ahead!

I dont like charts without data, but this recent IPO release should be positive for the chart.

We can only really look at smaller time frames for this since its out for a few days, im playing bounce zones. No long terming here.

we have buy signals starting to stack on the 15, and reaching a level of resistance.

Lets see how it plays out. Not much else here to look at, mostly speculation.


I want everyone to win!

Happy trading, debating and speculating!

Zlecenie aktywne:

ok, i wasnt really looking at max pull back levels just yet, but its seemed to reach its "start of support"

We can see buy signals stacking on the 1 and 2 hour, with sell off dying out and momentum potentially positive from here.

I dont see this falling below these prices without some form of market manipulation in play. The IPO released at 16, and opened at 20, I dont see how any investors would be selling first week for what would only be around 20% from IPO price.

I started this graph with "i dont like charts without data" because its alot of speculation, and not much technical outlook.

Zlecenie aktywne:

Even though it dipped a tad further then charted, it has bounced back to its way to my first sell zone. May see a slight dip after this first rise.

Transakcja zamknięta: osiągnięto wyznaczony cel:

as this has hit my target of 40$, with 100% gain, ill be out of this until theres more information.

Komentarz:

500% gain call? eh.