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Benzinga
Benzinga
Business
Melanie Schaffer

Here's Why More Pain Looks Likely For Tilray Bulls

Tilray Inc (NASDAQ:TLRY) slipped to a new 52-week low on Thursday as the stock continued in a consistent 16-month downtrend that began in February 2021.

Tilray is also trading in a downtrend on the daily chart, which began on May 17, when the stock topped out at $5.15 following a brief bullish rally.

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