Verified Investing on $TLRY (Nov 4, 2026)
TLRY can make amazing bounces but must be entered and exited quickly because it then records entirely new lows. It is issuing shares as an unprofitable company while diversifying into spirits and seeking short-term profitability, and a breakout above its downward trend line on a daily close is being watched.
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Next up, guys, and thinking about this potential new leadership in Washington, look at this strong push in one of the cannabis companies here, Tilray. A strong upward push of 11.7%.
This stock has been under a lot of pressure, and I brought this up last time in July because we saw a daily bottom tail on the chart. The advice I gave then is the same advice I will give now.
This stock could make amazing bounces, but look, it's like a game of hot potatoes. You must enter and exit quickly because afterwards it records entirely new lows.
They are issuing additional shares because they are not a profitable company. However, they are also diversifying and expanding into spirits sales. Therefore, they are trying to achieve profitability at least for the time being, in the short term.
Do you see this downward trend line? The stock is now being watched for a potential breakout with a single daily candle closing