Tilray (TLRY) recently hit a closing low of $99.50. If the upside move follows the minimum expected retracement, based on Dow Theory, then we’re looking for the following minimum targets:
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$156.78
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$176.26
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$195.16
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$214.06
Upside retests determine if the price of the stock will continue on the move beyond $214.06. This is where speculators make their money, on the prospects of an +86% increase.