$TLRY - RC -
Added 2023-12-31 19:29:13 +0000 UTCDirection is still not confirmed, there is pros to both the bulls and bears here.
First the bears will be happy that it is still in this downward drifting channel and has still not flipped the $2.55 level which has been a strong resistance level.
Bulls will be happy that a higher low was made in November on the channel support line and bounced well and they price action is above the 50 and 200 Day MA.
A break in either direction from this channel and the targets are as shown.
Bulls will feel more in control if they can flip the blue line at $2.55
