Replies to post #15013 on Trulieve Cannabis Corp (TCNNF)

[Lostcoastkid]

I know, it’s a tough call. If we weren’t in a bear cycle, downtrend I would stay in the trade longer as it would favor an upside break. I’m watching declining volume on higher lows and per my last post it can’t get over 15$ and stay there. Let’s see…do you have your bollis set on 10,2?

With macro headwinds and these little “bear market bounces” throughout the stock market has me leaning towards we see that 8-10$ range you had mentioned before reversal. The Fed is far away from relaxing at the moment so it’s continue risk off as I see it.

All the best, let’s keep checking in!

LCK

[Lostcoastkid]

Hey man, with the TCNNF chart is this what it considered a “running flat”? I’m not well versed in Elliot Waves but always curious…

Hope all is well

LCK