🟨 Climax Run - $TLRY example

15 gen 2023

I have covered this in my education blog, but here is a great example of a Climax Run Stock

Checklist
✅ Price looks almost vertical
❌ Run occurs after at least 18 weeks of the first base. (This run is 5 weeks after first base)
✅ Rapid advancement +180%
✅ Last 8 days before drop was 7 out of 8 days up
✅ Last 2 trading days we saw the largest trading range
❌ Stock is not extended above 200d MA - since no 200 days of trading (early IPO)
❌ No Stock splits