Tilray stock forms a risky pattern: Jan. 8 will be key
Tilray stock has shown extreme volatility, surging then dropping significantly, and is now forming a bearish head-and-shoulders pattern. Key factors influencing its price include potential cannabis reclassification efforts in the US and the upcoming financial results release on January 9th, with analysts expecting flat revenue growth. Investors are also watching for the impact of increased competition if Tilray expands into the US market.
https://www.tradingview.com/news/invezz:05bd91f3d094b:0-tilray-stock-forms-a-risky-pattern-jan-8-will-be-key/