In yet another live day trading example, Multi-Millionaire Day Trader Madaz, nails one of the biggest trades of his career getting the dead cat bounce on $TLRY (Tilray) a stock that had dropped -75% off it’s highs after a weed ( marijuana ) sector run saw it make quite a remarkable from $20 all the way to $77 premarket on 2/10/21.
Madaz is able to call the bottom on $TLRY after recognizing that there is a major gap fill on the daily chart around the $30 area with layers of support at 26 and 24 to gather enough conviction to go for in for a large position to profit over $550,000 in just a little over 2 hours resulting in one of the top 3 trades of his career.
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Tired of never having shares to short? Does your broker just plain suck?
Madaz recommends Centerpoint Securities as the preferred broker.Tired of getting late alerts and getting dumped on by your guru?
Madaz recommends Trade-Ideas as the preferred stock scanner.Are you often missing big moves because it takes you forever to find out the catalyst?
Madaz recommends Benzinga Pro as the preferred Live News Feed service.Affiliate Disclosure: I know what you're thinking. Madaz, ya sneaky bastard, trying to sneak in some affiliate links. Any compensation I may receive from this will pay for big macs on days where the market isn't feeling so charitable. For a more complete version of this mumbo jumbo, please click here.
