TILRAY INC. (TLRY) LONG (D) by Request

13 Jan 2019

This stock is looking bullish both on the daily and weekly time frames.

• We have a high volume breakout above EMA10, EMA50 and EMA100, right after a breakdown which followed a strong bounce. This is a very strong signal.
  
• MACD is in favor of the bulls now.
  
• RSI is bullish trending up strong, reaching soon oversold but allowing room for growth.
  
• The yellow square is the demand zone. Below it we are bearish. A close below this line would invalite this analysis.
  

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P.S. This is no trade advice. All information shared is exclusive for learning and entertainment puroses only.

Namaste.