Post by
Ghostinthedark on Jul 08, 2021 2:34pm
Time to Buy More of TLRY
These are the facts:
1.Look at the chart for the daily time frame, or keep track of every day's high sp and low share price,
As of today, we are seeing a lower low and lower high on the daily chart.
High- $20.52
low- $19.48
And on the weekly chart, TLRY is 7 day downtrend.
Presently, the sp range/support and resistance is:
a high of $23.82 on June 28
and today's low of $19.48
That is a high/low range of more than $4
Now, some people are tempted to buy now....
hmmmmm
and go long. But consider this:
1. TLRY is on a weekly downtrend
2.And monthly range---
3. The moving average is.
20 day is $20.42
50 day is $21.21
100 day is $21.66
200 day is $22.51
4. There is a major support on the weekly time frame at
$18.34
5. TLRY management wants to issue more shares, which will likely result in the dilution of the share price.
6. TLRY's expected earning date is August 17
Will earnings be better or worse???
I will wait to add until after earnings, after the decision whether to issue more shares.
Until then, I 'll daytrade and swingtrade TLRY.
Comment by
CommonCentsforDollars on Jul 08, 2021 3:09pm
Just letting you know your SMA numbers are incorrect. You need to look at a Nasdaq chart to get them. Remember TLRY TSX has only been trading for 60 days....
Comment by
Ghostinthedark on Jul 08, 2021 4:56pm
WTF???? I am checking a chart on the Canadian side. I am also checking the Moving Averages on the Canadian site. You call me out!!! Give us the MAs lolly pop!! I am right on. Furthermore, lolly pop!! Look at an f**king chart!!! Daily- 7 day downtrend weekly--downtrend monthly-range Do you know how to read a f**king chart???
Comment by
optimi$tic on Jul 08, 2021 5:07pm
Whoa b careful there Ghost, ppl might b of impression that ur miserable n need some teets to suckle on. Ppl cant handle truth n realism.
Comment by
Ghostinthedark on Jul 08, 2021 6:58pm
Just as I thought!!! You are given me US numbers.. LOL
Comment by
hevin on Jul 08, 2021 11:56pm
Common: don't shorten your life dealing with these tools... I've had the ghost on ignore for 6 months or so.. one of the best decisions I've made to reduce stress created by half wits.. Best, Btw.. which calls for 2023 are you specifically looking at?
Comment by
NorthOntKid on Jul 08, 2021 8:44pm
Given me US numbers? Learn how to spell before you dispense investment advice.
Comment by
vulcan123456789 on Jul 08, 2021 9:31pm
come on nobody cares about spelling..
Comment by
optimi$tic on Jul 08, 2021 10:40pm
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vulcan123456789 on Jul 08, 2021 11:48pm
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optimi$tic on Jul 09, 2021 12:05am
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Vinny57 on Jul 09, 2021 3:01am
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optimi$tic on Jul 09, 2021 6:42am
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optimi$tic on Jul 09, 2021 12:23am
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Comment by
Ghostinthedark on Jul 08, 2021 7:00pm
ohhhhhhhh. One more point!! I am using Questrade to day trade and swing trade. My charts and MAs are in Canadian Currency!