BBTrader30

TIRAY Rubberband Snapback

Lång
BBTrader30 Uppdaterad   
NASDAQ:TLRY   Tilray Brands, Inc.
TIRAY has been a traders dream lately. Looking on the daily chart, you notice at the top of the chart there was a huge Red DOJI candlestick signaling a reversal in the chart after an over extension in the stock price. We have since witnessed four consecutive red days, with the fourth day also closing into support with another doji star signaling consolidation in price and potential reversal to upside. An over extension to the downside into support on the 4 consecutive red day, is indicating a rubberband snap back. Once TIRAY breaks out of $120, it'll will become a strong buy with upside potential to $160.
Trade stängt: målet nått:
Target was reached

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.