To say that $TLRY has been a disappointment for investors would be an understatement. After its infamous $300 in September 2018, the stock has steadily declined and has gone essentially nowhere since April.
Upon recent earnings, the stock has disappointed with some significant writedowns. If management can show profitability, this stock has significant potential because of its diversification.
$7 seems a good support to build a longer term position. Given the exit from descending channel, any positive news on this stock could send the price up significantly.
Upon recent earnings, the stock has disappointed with some significant writedowns. If management can show profitability, this stock has significant potential because of its diversification.
$7 seems a good support to build a longer term position. Given the exit from descending channel, any positive news on this stock could send the price up significantly.