Sell off in FSD soon to Rebound www.tradingview.com
FSD Pharma has been ahead of the bearish behaviors we are beginning to see in heavily weighted areas of the market. On top of that, the entire cannabis sector of the market has been experiencing this type of behavior quite some time way before these big sell offs in fear of inflation rates and interest. Now keep in mind once these sell offs find their bottom, we will see a huge turn around in the buying power and influx of new retail investors and hedge funds.
These purchases are going to mainly be going towards what has been UNDERVALUED the LONGEST. which again falls into the cannabis timeline.
Not to mention FSD is currently undergoing a buyback on a portion of outstanding shares and is fresh off of a recent acquisition of LUCID, which will be conducting 2 of the 3 main psychopharmaceutical initiatives to apparently be a huge stepping stone in treating certain disorders and neuro- inflammatory diseases of the brain, from anxiety and depression to MS. Not to mention various other autoimmune disorders.
I believe there is a very large rebound given my analysis using certain variables from the Hertz wave theory (rev). Potentially another large sell-off and (3rd) breakthrough outside the channel could result in this bear run to finally bottom out and show an increase in value over the next few years, along with their advancements and contributions to the medical and psycho-medicinal community .
Longgame
Silver, a new weekly cycleNow, silver on the week has some interesting going ons behind the shiny curtain. I bet many have heard about the new "commodities cycle". Seems like the whole market is in a new cycle. this obvious cup formation is amazing for people who bought in, i dont know if it will drop below the bottom of the cup. It's to be said that a cup formation is the leading indicator in the start of run ups in markets, so my assumption is with a little patients we will see silver go higher, remember that silver is needed for solar and water purification systems. That should be bullish for physical silver.