RE:RE:RE:RE:Final sale is over!CommonCentsforDollars wrote: bad juju is like a bad spell, while my comment was truthful it was uneccessary and maybe rude so just ignore it.
Majority of the cannabis charts I looked at this weekend were looking for further consolidation and short sellers took advantage of that as we can see with the results across the sector today.
With APHA/TLRY the chart of importance is TLRY where all the volume is coming in. With TLRY going through literally a 2 year consolidation as the result of an initial poor share structure the only support levels that can be looked at are the ones set in the last month. Short sellers worked hard this morning to break the support level of $17.36 which they were successful and in turn created the oversold dip. Tomorrow on TLRY $16.50 will need to be held or it could likely test today's lows.
Hello CommonCentsforDollars:
A share structure may consist of issued & outstanding shares, warrants and options. What made Tilray’s share structure a poor share structure? Thanks in advance for explaining.