Trulieve Cannabis Corp (TCNNF): Your referencing a wedge break but sayin...

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Lostcoastkid

Re: GE_Jim post# 13169

Tuesday, 09/14/2021 4:10:28 PM

Tuesday, September 14, 2021 4:10:28 PM

Your referencing a wedge break but saying you have a longer time frame? What wedge? I see a clear downward channel for 6ish months

By broken I mean we lost all support, mainly the moving averages. No, if it goes up to high it’s not broken but most TA guys would like to see it come back to hold support where there once was resistance if it starts mooning. It shows signs of strength in the overall chart. We fell thru all the support levels…I posted that months ago and here we are.

My time frame is long but I’m not a buyer just cause “its a bargain at these prices” I don’t think it is a bargain actually. Fundamentally yes, the company is firing on all cylinders but there is the chart, the FUD surrounding Rivers, slooowww political reform and yes… if the overall market turns bearish for a bit, lookout

Brah, if Iiked what I saw I would be a buyer but I’m cautious.

All the best, always appreciate your perspective

LCK

Im a chart nerd. All my posts are opinions of what I see according to the TA. Never is it my advice on selling/buying a stock. I wouldn’t take advice from a message board on my finances so I learned to read charts. Im a chart nerd.