Breakout

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)

Yorum:

Breakout failed, price cannot stabilize into side channel
Yesterday Tilray reached the bottom of the channelup at 1.81$

Now it can recover or exiting down heading to 1.62$

Yorum:

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$

Yorum:

Cannabis legalization in germany from 1 april

Yorum:

Flying on reschedule news