Technical Analysis Of Tilray Brands Inc. - Wednesday, April 5

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Today’s instrument is Tilray Inc., a company that engages in the research, cultivation, production, marketing, and distribution of medical cannabis products, and whose stock is traded on the Nasdaq exchange under the ticker TLRY

Looking at the TLRY’s chart, we can see that it is in a downtrend, and it was lastly traded at around $2.49.

If the market’s anticipation is negative then it should test its 52W low at $2.28, otherwise, it could rise toward its resistance level at $2.75.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Tilray Brands Inc. - 05/04/2023


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