TRULIEVE - Technical Analysis
Updated
Dear Traders,
We don't have enough data to predict what so ever, for now, the only thing we can do is draw the lines and see how this will evolve over time.
There is a lot of hype around this stock so anything could happen.
About Trulieve Cannabis Corp (TCNNF) :
Trulieve Cannabis Corp. operates as a holding company. The Company, through its subsidiaries, engages in the cultivation, possession, sale, and distribution of medical cannabis. Trulieve Cannabis offers its services in the United States and Canada.
We don't have enough data to predict what so ever, for now, the only thing we can do is draw the lines and see how this will evolve over time.
There is a lot of hype around this stock so anything could happen.
About Trulieve Cannabis Corp (TCNNF) :
Trulieve Cannabis Corp. operates as a holding company. The Company, through its subsidiaries, engages in the cultivation, possession, sale, and distribution of medical cannabis. Trulieve Cannabis offers its services in the United States and Canada.
Note
As we can see, my red support line didn't hold and I didn't expect it to. Why? Because this chart is way to new to really be able to rely on your TA. Let's see what will happen today.On the 1H Chart, we can see that Trulieve's price did hit the 21ema, but the question is, will it hold.
Note
As I said, we didn't have enough data to predict any movement so the waiting was worth it. My thoughts are that the price will go even more.
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