Tilray brands (TLRY) EW-Analysis
Since its IPO in July 2018, Tilray Brands reached an all-time high of $3,000 before entering a prolonged corrective phase that lasted until June 2025.
This major sell-off eventually found its bottom at $3.51. The decline from $3,000 to $3.51 represents a massive drop of 99.88%.
However, this extended sell-off, which lasted for several years, now appears to have come to an end. As a result, the stock may present an extremely bullish opportunity with the potential for significant returns.
That said, this asset should still be considered high risk, given its extremely disappointing historical performance.
Since reaching its bottom in June 2025, Tilray Brands has begun to build a first major impulse, which we expect could mark the end of the long-term bear market and potentially signal the beginning of a new, highly profitable bull market.
New bullish momentum has entered this stock. Tilray Brands has formed its first bullish impulse in a long time. This initial impulse is represented as light blue wave 1.
Currently, Tilray is trading in a corrective phase of this light blue wave 1, forming light blue wave 2. However, we expect this short-term correction to come to an end soon.
We have also identified a Fibonacci retracement zone where we anticipate light blue wave 2 to complete and where the market could regain bullish momentum. This zone lies at:
- 78.6% at $6.07
- 88.7% at $4.86
We expect this zone to hold and anticipate that the market will regain strong bullish momentum and rise very impulsively over the next few months, forming light blue wave 3.
Based on this assumption, even though this represents a very risky investment, we expect prices to rise above the local high at $23.20 and potentially move far beyond this level. We will define precise price targets as soon as the current correction within light blue wave 2 gets terminated.
From our perspective, this Fibonacci retracement zone represents a strong opportunity to buy or accumulate this stock and potentially benefit from significant returns.
However, if we decide to act once our Fibonacci zone is activated, we will remain cautious. Should the price drop below this zone, we will manage the position carefully and protect it with an adequate stop loss, which should always be present in any investment strategy.
In general, high risk can also mean high return.
If any structural changes occur or our Fibonacci zone is successfully activated, we will update you immediately.
Kind regards,
Monalytics
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