TLRY Weekly Analysis Parabolic Wedge Bull Flag

TLRY has formed a second entry for a parabolic wedge bull flag and larger high 2, although a doji bar. If the bulls are unable to regain control soon - something is wrong with the bull trend premise. If the bulls do not return within the next few weeks, prices are more likely to be in a trading range and will likely test the tight trading range of the open around $25. If the bulls do generate strong follow through, they will likely get two legs up at minimum, and possibly bull trend resumption.
Beyond Technical AnalysisCGCChart PatternsCRONESMESpsychologyTLRYTrend Analysis

Pubblicazioni correlate

Declinazione di responsabilità