After making a low of 17.07, TLRY recovered nicely all while holding the .382 retracement level
Minor Resistance: 19.38-19.52
Major Resistance: All time high of 22.52
Stop loss: On a break of the trendline on the hourly time frame I will exit this trade
I am looking to enter at open if price can hold the 9 day ema on the 5 and 3 minute time frames
Other notes: With overhead supply and a nice AVWAP from all time high, I expect very strong upward price movement if we can get above that level and hold.
The MACD is curling up and seller pressure is dying off!
Minor Resistance: 19.38-19.52
Major Resistance: All time high of 22.52
Stop loss: On a break of the trendline on the hourly time frame I will exit this trade
I am looking to enter at open if price can hold the 9 day ema on the 5 and 3 minute time frames
Other notes: With overhead supply and a nice AVWAP from all time high, I expect very strong upward price movement if we can get above that level and hold.
The MACD is curling up and seller pressure is dying off!
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