Poised to disrupt mental health treatment Cybin is on the verge of a revolution unlike any treatment the world has ever seen in depression. Phase 3 trails/data will bring many catalysts for the future, into the unknown where no one has gone legally before..
Projected revenues for 2026 are 26,000% increase. June 2024 revenue Growth (YoY) 8630.55% After a negative growth 2023. With a wide range of drugs and applications the future seems promising.
Encouraging preliminary progress on their phase 2 schizophrenia drug has pushed the one year target to $40 currently at $5.65. Last breakout from this range in Jan 2021 resulted in a 350% surge in one week. There are few resistances ahead for consolidation at $8, 10, 14, 20.
Speculative play here gaining traction. Predicted to have good revenues q4 q1 higher risk higher reward holding spot from .1
Cancelations could be decent, DOWNGRADED to UNDERWRIGHT PT $550. not going long here if you know what im sayin