TLRY - Start Of The Bull Market 🔥 ?

20. März 2024

Is this the start of the bull market for TLRY ?

There are plenty of signals to suggest that it is about to begin... 🔥

Not advice

20. März 2024

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24. März 2024

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Week closed with a bullish momentum candle.

And now that gap looks much more likely to be a Breakaway Gap.

TLRY has already broken above the 50 week moving average.

It has spent very little time above it and so any push higher could be another BIG clue that a bull trend is underway.



There are so many great trades right now... 💭

24. März 2024

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As with CGC (see linked thread), Friday's news of the German decriminalisation vote provided a catalyst for the pump.

Interesting how the good news came just as TLRY arrived to the perfect area to buy🐵🙈.

26. März 2024

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Nice pop today and it looks like it is about to bust through resistance and the higher time frame shakeout (described in the video) will be complete 👍.

4. Apr. 2024

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25% pump today also including After Hours (current price is now $3.04) ❗️

And so the high time frame shakeout pattern below the 2020 bottom is now complete and that resistance now becomes support.

This is a major reversal happening here and could be the beginning of a multi-year bull market.

We're still in the very early "Disbelief" phase of the market cycle, but I suggest that the sky is the limit for weed stocks and it looks like there will be much more to come from here 🚀.



(Not advice)

4. Apr. 2024

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24. Sept. 2024

Trade ist aktiv

Its been half a year since I made this thread and not much has happened in terms of price discovery.

The shakeout area that I described has extended and this is most likely building cause (pressure) before the effect; a high time frame impulse wave.

Considering that it has trended sideways for over a year, the eventual break out could be extremely wild.

...

For the first time ever TLRY is trending within the Gaussian Channel.

I think this is signalling that for the first time ever TLRY has reached a point of balance between bullish and bearish swings.

And that tells as it is likely in accumulation.

A first ever accumulation!

Balanced sideways trends lead to large impulse waves.

So it could get very wild soon ⬆️.

...

If you've been following my other threads you'll know that I've been bullish risk on before and through the FED interest rate cut.

Many believed that it would be or still will be the tipping point for a major market crash.

And I think that crash could happen down the road.

But not just yet...

Around the time of the previous two interest rate pivots there was a major crisis unfolding.

But this time the FED have cut rates because they achieved their inflation targets and can now give the economy a lift by making it cheaper to borrow money.

This is really great for any stocks that are struggling.

And TLRY certainly is one of those since it is not profitable and there has been considerable shareholder dilution.

But with the markets warming up and companies able to borrow more to take on more risk, it is now likely the time for high risk/reward small caps such as TLRY to shine.

The technicals are there. The fundamentals are there.

Get ready 🤨.

vor 7 Tagen

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Weed is going to pop soon and this area will prove to be the bear trap shakeout of the higher time frame shakeout 😅.

Then if/when it pumps it will likely be signalling that we're entering the blow off phase of the market cycle - the most lucrative but dangerous phase🚀⚠️.