$TLRY further accelerated its price incline with a momentous gain of +50.91%, closing at $63.91. The total gain achieved by $TLRY for 2021 stands at +684.04%, marking it as one of the biggest winner in NASDAQ for 2021 till date.
The current price volatility of $TLRY has spiked to a level that was last seen in 2019, but remains a far cry from last 36 months peak average volatility which is 86% away. Substantial purchase order was observed at intraday support at $47.83 – $51.92 at 23.43pm till 23.59pm (GMT+8). Further institutional accumulation is also observed at $58.50 – $60.22 at 03.25am – 03.33am (GM+8).
This implied volatility contraction will not be witnessed until a break of price short term price support at $46.50.
The current price volatility of $TLRY has spiked to a level that was last seen in 2019, but remains a far cry from last 36 months peak average volatility which is 86% away. Substantial purchase order was observed at intraday support at $47.83 – $51.92 at 23.43pm till 23.59pm (GMT+8). Further institutional accumulation is also observed at $58.50 – $60.22 at 03.25am – 03.33am (GM+8).
This implied volatility contraction will not be witnessed until a break of price short term price support at $46.50.