Tilray Brands (TLRY)
Tilray has now entered and activated our Fibonacci buying zone.
In our previous analysis from March 5th, 2026, we outlined our expectations for this stock. We anticipate that the market is currently in the final stage of a corrective phase, completing light blue wave 2. From this point, we expect Tilray to regain strong bullish momentum and begin a new long-term uptrend within light blue wave 3, ultimately reaching new highs above the local high of orange wave B at $23.20 (https://monalytics.org/tilray-brands-tlry-ew-analysis/).
For the completion of light blue wave 2—and the overall correction—we have identified a key Fibonacci retracement zone. This zone ranges from:
- 78.6% at $6.08
- 88.7% at $4.87
Tilray has now officially entered and activated this zone.
From our perspective, this area represents a strong opportunity to buy or accumulate the stock. We expect the market to regain long-term bullish momentum and align with our previously outlined outlook.
As this is a high-risk asset, we always recommend using a stop-loss when entering this market, as well as in any other investment.
If any structural changes occur, or if Tilray exits and validates this zone to the upside or invalidets it to the downside, we will provide an immediate update.
Kind regards,
Monalytics
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