Tilray Bullish Idea

2. Feb. 2021

TLRY 4H - Been trading within this channel for the past week or so. I believe the real move hasn't happend yet. Within the channel there seems to be an ascending triangle. Looking at the TTM Squeeze it seems to be squeezing for the past couple days. Once it pops and it picks a direction I think it'll have a big move. Needs to hold $19.30 for continuation to $19.97 which is near the break of the channel. Also plotted some fib extensions as price targets once it breaks out.