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April 16, 2023
Friday at a glance: after closing the previous trading day at $5.62 and dropping to $5.38, the medical and recreational cannabis provider closed Friday at $5.38. By the end of the session, Trulieve Cannabis gave up a total of 4.23%.
Technical chart analysis shows Trulieve Cannabis Corp. could begin to recover as it approaches significant support, now 11 cents away from $5.27. Dipping below could be an indication that further losses are ahead.
Trulieve Cannabis was not the only decliner in the health care sector; UnitedHealth went down to $511.79, losing 2.74% after it closed at $526.23 Friday. Astrazeneca PLC slips 1.22% Friday to close at $74.77. Medtronic went down to $80.71, losing 1.08% after it closed at $81.59 Friday.
The medical and recreational cannabis provider is up 13.08% from the significant low of $4.97 it hit 5 days ago.
