Mushroom
Long The High Risk Psilocybin Mushroom Therapy Secular Bull RunNot looking for an immediate turn around because Macro-Market conditions and retail risk tolerance is severely negative right now. However, this sector has huge potential to be a bullish meme in years ahead. Think of getting into Pot Stocks 2.0 before the moon pumps
In 2018–19, the United States Food and Drug Administration (FDA) granted breakthrough therapy designation to facilitate further research for psilocybin in the possible treatment of depressive disorders. As of 2020, research on the use of psilocybin indicated it caused hallucinations with inability to establish reality from fantasy, panic reactions, and possible psychoses at high doses.
In November 2020, the U.S. state of Oregon legalized psilocybin for people age 21 and older, and decriminalized possession or use of psilocybin mushrooms for medical conditions, such as depression, anxiety, or PTSD.
looks like this is back down to the average pricelooks like this is back down to the average price
might hit a little higher than that before movie higher but i will put bids in at both levels
This drug company could ride the pot wave on a mushroom capThis drug company could ride the pot wave on a mushroom cap.
Just a hunch
No hard numbers
The mental metrics just line up for me.
What was once illegal and destructive is now legal and restorative.
Shocking!
And NOT investment advice - just an observation.
NUMI Daily 26 EMA Re-test; Potential Hourly Bear FlagMy alert for NUMI's daily 12 EMA went off 12/21/2020 and have a tiny entry there. Wanted to add more to the 26 EMA (left) but missed it and it's seeing a solid 10-12% bounce from that. Hourly chart (right) looks like it could be setting up an hourly bear flag which has me cautious here. My position is very tiny; if doing swing trades on penny stocks I think it's key to size appropriately, relative to a day-trade position.
$CMPS to a new dimension 🍄Currently worth a lil over 1.6B market cap.
Your guess is as good as mine on the how much it can be worth. But I do know that this stuff works remarkably well and there is a lot of research applied research that's currently in practice with great results.
These are potential price targets in the long term.
Green are supports.
$28 could be support but prob wouldn't want to see that lol
PULL BACK ENTER AT 156-171 RANGE - EXIT AT 2.10-2.20 RNGE OR HLDPULL BACK ENTER AT 156-171 RANGE - EXIT AT 2.10-2.20 RNGE OR HLD. Entry at 61.8 fib ret
Going Long!I see great potential in this. Almost looks like the same hype as the cannabis one, but less strong. Share your thoughts.