Well, tomorrow (Thursday) after the close is a big day for TLRY as the company reports earnings. I’ve been watching this stock closely because it’s already in my portfolio, and while this is a long-term trade for me, earnings can create opportunities to add or adjust positions. Analysts are expecting EPS to be slightly negative or near breakeven, somewhere between –$0.03 and –$0.20 per share for the quarter, based on current forecasts. Revenue is expected to be modest and relatively flat year-over-year, roughly in the $210 million to $215 million range. These numbers aren’t surprising to me; they reflect the trend we’ve seen with Tilray over time. The company has often posted losses, but there’s been a clear focus on working toward profitability through cost discipline and segment optimization, which is encouraging from a long-term perspective.
After the earnings report, I’ll be watching two key levels closely. On the downside, I want to see if TLRY can close the gap at $8.43 and then watch to see if the stock can bounce off that area. That level could act as support and provide a low-risk opportunity to add to my position if the bounce is convincing. On the upside, if TLRY reacts positively to earnings, the $10 level will be critical. Clearing that level would be a strong bullish signal, and I would consider trading in that direction, potentially adding exposure or entering shorter-term trades that align with the momentum.
I’m already long TLRY, so this is fundamentally a long-term play for me, but these technical levels give me defined areas to potentially increase my position if the stock reacts in a bullish way. I’m not trying to predict exactly which way the market will move after earnings, but I want to be prepared to act when price confirms a move. Earnings can often create volatility, and having a plan for how to respond to key levels helps me stay disciplined. Tomorrow is going to be interesting, and I’ll be watching closely to see how the stock reacts and whether one of these setups presents itself.
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