Trulieve LongPerfect set up on truelieve as we have our second bounce off the rib and a support zone. Targets are are normal, the fib extensions.
Truelieve
TCNNF LongTrade price: US37.45
TP: US52
SL: 34.39
R/B: 1 to 5
One of Wall Street's top MJ stocks where analysts sees 80% upside - Yahoo Finance (04/21/2021)
"Trulieve has a 50% share, roughly, of the Florida market and the market is actually accelerating,"
Trulieve Cannabis Corp After doing some research on this company, I would give it a chance. We have hit bottom and bounced nicely. So I will expect two things...
1. We just continue up with no pullback to around Jan 15 - 17 high of earlier this year. Minor correction or consolidation zone around 10 that could breakout and has the probability to make a run for it to 15 or higher. Production of hemp and cannabis went up about 500% in the U.S. back in 2016..since then its been spend spend spend to develop the industry in america and make it profitable. I actually am focusing on these companies in my recruitment business and what better way than to support them via stocks as well? Ill buy at these levels :) Low risk higher reward.
