ATAI Life Sciences NASDAQ:ATAI , a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, is fast approaching my selected historical simple moving average (SMA). Often, but not always, the closer the price gets to this line, the higher chance there is for a fast upward move. In anticipation of this move, ...
Trading at cash value (as of last financials). In historical support area. Active share buyback program. Good news flow. History of big bounces.
Psychedelics space has seen some multi-baggers in the span of the last 2 weeks, suggesting investors are once again starting to pour money into speculative shroom stocks. CSE:LVT is deeply oversold (RSI @ 22.69), hitting all time lows. The company is deeply fundamentally undervalued: - $1.87M market cap - Raised $1.5M at 0.20 in February - Generating revenue of...
psychedelic is the future for mental health. I don't understand why the chart doesn't move but it will be because nothing else can heal the mental illness. At this moment we only have 20 years of Internet. We need to go forward. Psychotherapy doesn't work because sometimes even the client doesn't know what he have. I don't say that compass pathway will be the...
Beyond the successful breakout of the stochastic AND the crossover of the MACD, MindMed had a positive earnings report that beat expectations. All of the pieces are in play for this pattern to play out against expectations - and the break to the upside seems imminent. You don't have to (and legally shouldn't) listen to me, but I'm sitting happily on my...
This is a biased opinion as I truly believe the Psychedelic stock market will be expanding more and more in the years to come. Hence my long term bullish approach. Mindmed has been in a downtrend since Q3 21. Early February, price was rejected at yearly open. I do not think this reflects the company value but rather a market sentiment. Earnings early march might...
Hello bulls, This one is a short-term play and can't much be said about it. After CMPS crushed, price dropped to 12$ and then due to Macro economical panic, crabbed around 11$. This is good that it's crabbing around 11$ because the next steps are the slow stairs to the 15$. Volume on last hour of December 3 indicates strong interest in 10.5-11$, meaning any...
If youre interessted or believe in psychedelics as medicine, its maybe a good buying oppurtunity for a longshot in ATAI. You could play it with a stop or not - personally I dont have a stop but checking it manually - if the level hold it can be a great longterm oppurtunity - personally I have a small position from a bit lower (about 1% of my portfolio)
RSI below 20. Raised $11.5M at $1.07 in January and presents 50% discount at current levels. Good news flow. Psychedelics sector is getting some traction again.
MNMD still hanging out around this 382 fib line. Wondering if the upcoming Atai IPO will help or hurt things. "Psychadelic penny stocks are performing well as many companies in the niche are growing in both size and popularity. Its latest update comes from May 26th when the company published its first pharmacogenetics data report on LSD in collaboration with...
So here's my guess for the next short term bout of fun and awesome small cap volatility! Seriously though, I like how this company operates so far. Protective patents have been filed, they've already set up plenty of partnerships to get clinical trials rolling, and the blue-sky potential here is pretty staggering. No, really, it's suspiciously good. I'm...
ENTHEON BIOMEDICAL CORP (ENTBF or ENBI) Is it major support $0.40 Likely to go up from here
DELC.C is cheap at $23M mkt cap, yet has better fundamentals than many competitors with $100M+ market caps. Bottomed out in the .30s and is reversing. MACD is about to complete a bullish cross which would be a technical buy signal. Promotional campaign is under way.
$MMED seems to have broken off its bull flag and is heading to test the top line of the resistance. Buckle up. 🚀 - HH
Follow The Money: US$500+ Million In New Psychedelics Financing Powering Massive Growth Buy the break out. Mind Cure Health is going to go parabolic by February so get in while the price is right!
MYCO has formed a prefect cup & handle on the daily - 4 hits against an important 0.60 resistance - handle dropped perfectly on the 0.5 fib support level - price is currently consolidating right below resistance Fundamentals in the psychedelic space are lining up perfectly for a MYCO breakout. - they are 1 in only 4 companies currently approved for phase 2 FDA...
Comment any questions if you have them. I tried to put majority of the information on the chart. After review of weed stocks looks like most of the companies already spiked (May continue to spike) But psycaedelics are on a rise for a couple of companies. After studying I think Psychedelics are going to be the new cannabis!
It appears as though BUZZ is trading in a micro bullish flag outlined in light green inside of a Macro Ascending Triangle in dark blue. On the RSI it's possible we've seen a double top and an H&S may be on the verge of forming; if so the bullish flag will be negated thus resulting in a descending triangle. If that happens the blue upward sloping support of the...