Tilray - Setup was Planned

It was a great evening session yesterday where I shared this stock Tilray and it's bullishness. In fact, I also shared many other good counters where opportunities were the greatest where it's good to posit into the watch list. One of the homework I did last weekend was to find good counters which can build a trend and hence I discovered Tilray, a stock we used to trade very often. So there was a small base built on as shown in the daily chart. In this small base, the sellers were reduced and cut out. The buyers were building and absorbing the scripts where it was about to trend higher.

Hence, after my private sharing yesterday in the office, one of my student traded this counter and lock in profits within 20 minutes when the stock shot up furiously with speed. I believe it was the right thing to do for short term trading but from the daily chart, it looked like it might be going for some little reactions before this stock can move higher. Hope to see the signal soon and jump in for a ride.

Ronald K - A Game Changer

Tilray Inc - Stock Alert in Malaysia

I was in Malaysia yesterday and I knew there were abundance of opportunities in the US market yesterday and hence I private message an active trading student for a stock alert to share with her on how to enter Tilray around a good price. So at 1.25am last evening, she traded Tilray at 135.81 and 2 hours later, the stock went higher to 143.9 where she locked in her $1122 profits in 2 hours. See the 5 minute chart, the stock got sold down and then flushed lower before rebounding. Smart money was scaring retailers to throw and then absorbing with bullish volume. To long, one must try to buy near bottom and then wait for the rebound then sell which was exactly what she did where she followed my game plan. Happy to see her profits. Congrats!

Ronald K - A Game Changer

Tilray - A 900% Return Stock

Tilray just shot through the roof and touched $300 yesterday with a 900% return since it was at $30+! It was such an amazing stock with such powerful movement from the smart money. Even though there was a drop after I blogged about it, it recovered and went past above it with more buyers and power in anticipation of something big brewing.

http://ronaldkstockmarket.blogspot.com/2018/09/tilray-inc-400-return-stock.html

As for now, I believe the stock has ran too much and it's time to lock in profits. The run has been too scary and I am afraid to buy now just in case of another drop. Searching for better options.

Ronald K - A Game Changer

Tilray Inc - Shorting Term Plummeting 12.20%

Tilray Inc, as predicted and highlighted on my blog earlier in the morning at 9:55am where I shared that in the short term the stock looked bearish because of profit taking that had took placed started to plummet down 12.20%. Click below link to read my earlier blog post.

http://ronaldkstockmarket.blogspot.com/2018/09/tilray-inc-400-return-stock.html

The retailers were indeed trapped at the high price where the mad frenzy buying had caused some waves of greed to lure investors to think that the stock can trend higher to only now realized that the stock dropped so heavily. The waves of profit taking combined with sellers distributing were also pretty scary as whoever bought at the peak the past 2 days would be sleeping fitfully, thinking he's going to make $$ but to realized that it's time to cut loss. As posted earlier in the morning before the US market started, below was what I said.

"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.." 

US stock is not difficult to trade but rather easy when you can read the volume correctly on what smart money is trying to do. As of how I predicted this sell down, mostly is by reading the volume carefully before making my final judgement. I call for a short this morning, NOT yesterday, NOT Tuesday or last week when the stock was rising. Ponder about my timing and accuracy.

Ronald K - A Game Changer

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