Thursday 6 September 2018

Tilray Inc - A 400% Return Stock




Tilray just a 400% return in the last 2 weeks as the stock continue it's strength to shoot up higher. I studied the chart with volume and from the daily chart, it's one of the most easiest stock to identify the smart money volume where the BBs were accumulating slowly in the narrow range and thereafter the big breakout happens. The volume setup in the chart was also nicely well planned BEFORE the breakout and hence I was able to monitor it during the course of it's run.

In fact, I shared Tilray Inc when I was in Malaysia doing a sharing session. Everyone who attended where amazed and dumbfounded how one good stock can give you that big return if you leverage it correctly. No job can pay you high salary unless you are holding a very high position but with using the right leverage instrument, you don't have to depend a job but rather a high income skill to give you a smooth channel like Tilray to give you high returns. The stock ran from $20-$80 in a short time span of 2 weeks which is an amazing return in a short period of time.

The 5 minute chart currently shows profit taking which I won't buy this stock at the moment where I would look to sell together with the big operator instead. The mad frenzy buy up has trapped some retailers chasing at the high and I will only look to unload now and book profits rather than buying. In the short term, the chart looks bearish to me. I won't be buying this stock but I had found another good counter which got higher potential of making good returns. What in superb run in Tilray!

Ronald K - A Game Changer