Support line has held many times before, shall it continue? I think so. High volume at $39 should be enough support for a short term bounce. From there, the future is uncertain
Hello fellow bulls and future Warren Buffetts, hope you all had a good Christmas because the gift you received from MMED was a 92 Million dollars public deal, this is an extremely good news because now MMED can operate for years without worrying about debt nor the cost of operating a pharma company. This is a sign that this company can grow long term and perhaps...
Hello fellow bulls and bag holders, December was a crazy volatile month for psychedelics penny stocks, and some of u maybe lost or won, me? I just bag hold like Warren Buffet or something. I will upload an update on MMED soon but I wanted to tell you guys that NUMI is a cheap and has the same potentials as MMED to rise. It only needs a small push from MMED with...
CMPS @ Bottom of Regression
ENTRY = 40-42
ADD = 37
1st Target = .618@46.02
2nd Target = .786@52.32
HODL Target = 60+
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading...
MMED had a perfect bounce on the daily EMA ribbon and off the 0.5 fibonacci level today. CRazy how they lined up perfectly today. I first bought MMED at 52 cents and I got some more filled today on this pullback. I am extremely bullish on this stock and the entire psychedelic space moving into the next few years. Current anxiety and depression medications...
Hello again fellow Bulls, most of you probably ask the same question, where can I get a similar stock like MMED, well I am here to tell you that TRIP is baby MMED and moves 2 times stronger when MMED moves. However, before you put any money into this penny stock, understand that I do not know their long-term plans nor I am confident they are even a good company....
Hello fellow Bulls, hope you caught the train on MMED and any psychedelic stocks before they left the station, the volatility I witnessed on MMED is quite scary, specially the last 2 days that were a 30% drop. However, the public deal announcement that drove the stock 30% down was a necessary move to get cash. Without cash, this company wont survive, that's why...
As some of you have witnessed CMPS IPO climb from 17$ to 43$ in 3 days, most of investors wonder what is the next psychedelic stock that will perhaps result in the same behavior. Of course, a lot of stocks from the psychedelic sector are still penny stocks and mostly Canadian stocks. Penny Stocks are a scary investment to some of you and I completely can relate...
This one could easily multi-bag just by virtue of being too cheap at $1.5M market cap and super tight 10M float. Announced entering psychedelics space today but also has Health Canada license for PPE distribution. Multiple potential catalysts looming...
Primo Nutraceuticals Inc., Engages MedCan Biotechnologies to Conduct Chemo typing & Geno-typing Studies of...
Clean break after consolidating in tight range. Not much resistance until .11. Last financing done at .165. Promotion starting this week after CEO's arrival in Netherlands. Favourable macro.
Could see more consolidation if buy volume doesn't come in, but currently looking strong. Please consider leaving a like and following the account for more psychedelic pharmaceutical TA. Just my opinion, I can be wrong please do not trade without evaluating your own opinion.
On the fundamental side, MindMed Conference Call went excellent. They are on pace with...
The green upward sloping line of support is potentially keeping a bullish flag in play here, but it appears as though downward pressure is indicating there may be a retest of the bottom blue channel where I have the red arrow pointing down.
KEY TAKEAWAYS
A descending channel is drawn by connecting the lower highs and lower lows of a security's price with...
I've been bullish on psychedelic stocks for a while now and I really like this low hanging fruit here, RVV.
Fundamentals are good and it is only a question of time before psychedelic medicine penetrates the healthcare sector with undeniable therapeutic properties. Company also boasts a nice pharma play imo.
Technical (*resolution may affect drawings*):...
SHRM.C is the leader in the emerging psychedelics/mental health treatment sector. Recent pullback from the $2.40 high presents a nice opportunity, in my opinion. Tested $1.10 twice and appears to have found the bottom with hourly MACD/RSI suggesting it is about to breakout. Positive news flow. Expected to announce closing of $10M financing this week. More news...
NUMI.V is one of the more legit entries into the psychedelics space with a controlled substance license and healing centre in Vancouver. Roughly 34M shares trading atm with the rest locked up for the foreseeable future. Good action today, forming the base around $1 with VWAP of $1.08. Expecting further appreciation in the coming days before it pauses for...
The psychedelics/psilocybin sector is heating up again. MMED.N has gained 100%+ off recent lows and SHRM.C is hitting fresh highs. Not many people know this but LITT.V is a strategic investor in SHRM.C and today it had a significant announcement of its own... Technical chart is a thing of beauty! Strong accumulation with bullish MACD/RSI/Stoch action. Lots of room...
Mind Med is the first psychedelic company to IPO. Backed by big names from big brands, Shark Tank and Tom's Shoes and Canopy Growth. MMED has in its portfolio (1) psychedelic-derived drug for the treatment of opiate addiction made from indigenous African plant iboga used in religious rituals for thousands of years (2) LSD microdosing trials.
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10x potential....
