Short-Sale Set Up - TLRY bubble burst
|Published:||29 Oct 2018 11:07 ET|
Cannabis based medicine developer and supplier TLRY had a climax top whose bubble burst. Starting from a launch of around the mid-20s, it peaked at 300 and has since retraced back to its 50-day moving average. TLRY is currently breaking below its 50-day. It would also make sense to keep track of other stocks in this group as group moves are likely. NBEV is just at its 50-day but is a thin name. CRON and CGC are more liquid.
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