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TILT Holdings Inc N.TILT

Alternate Symbol(s):  TLLTF

TILT Holdings Inc. (TILT) is a Canada-based company. The Company is a business solution provider to the global cannabis industry, offering a diverse range of value-added products and services to industry participants. The Company operates through four segments: Cannabis, Accessories, Corporate, and Other. It provides technology, hardware, cultivation, production, and distribution, TILT services brands and cannabis retailers in regulated markets across 40 states in the United States, as well as Canada, Israel, Mexico, South America, and the European Union. The Company operates through two business divisions: Inhalation Technology and Cannabis. The Inhalation Technology division encompasses the business of Jupiter Research, LLC which participant in the cannabis vape and accessory product market. The Cannabis division supports third-party cannabis clients through turn-key retail, distribution, cultivation and manufacturing offerings.


NEO:TILT - Post by User

Post by drbob512on May 28, 2020 11:53pm
259 Views
Post# 31085937

OT: Thurs S&P 500:

OT: Thurs S&P 500:Technical signals remain quite bullish & IT is not likely to change but in the ST many indicators are very overbought, such as daily stochastics; thus a correction is likely very soon. Higher highs & higher lows show that bulls are in control but profit taking & shorts will tempirarily derail this bull mkt, which it is now due to retracing well over 61.8% at 2940 plus the broad breadth of the recent rally & on heavier volume. Extreme liquidity provided by the Fed Reserve Board , govt stimulus pkgs, and huge money mkt balances ($4 trillion very recently) as both retail investors & institutions are under invested. A retest of ATH 3,393 is not out of the question but let's see what the mkt correction looks like, technically, and what the after effect of it is. Bears have a lot to prove as bulls have had their way after the false lower high & lower low attern of a few wks ago.
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