Tilray Brands, Inc.
Long

$TLRY Possible Bullish Spinning Top - LEAP Options Activity

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TLRY Possible bullish spinning top candle today (LOD exactly $70.00 support level), will look for confirmation with green candle tomorrow. Positive sign - selling has been decelerating over last two days. See chart for near and medium term targets.

Also of note - some bullish unusual LEAP options activity today with about 3k 2021 (two years out) calls at three different strike prices (majority OTM) traded with very high per contract premiums for a total combined outlay of over $5M.




Note: Informational analysis, not investment advice.

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