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Mmed

NUMI 1000% move potential - are you in?This daily chart is a beauty setup. Just listed today December 16th on the TSX (graduated from the TSXV) and far undervalued compared to its peers. Bonus facts: - Health Canada licenses, some exclusive - Strong influencer on regulatory market - Multiple successful clinical trials - NO DEBT - and a warchest full of cash - Some big acquisitions this year, becoming a corporate umbrella with multiple lines of business - Awesome Management team - Well managed financials Need I say more? Get this gem before everyone else finds out about it. Likely to follow MMED.
NEO:NUMILong
by Shadowfigure
Possible Wykoff accum. after price discovery - NUMI shroomboomNUMI could be in the midst of a Wykoff accumulation. ^ means a pro, v means a con. I am trying to look at both sides to reduce emotionally-blinded decision making. Looking from far, there is systematic market risk: v institutions adopting Bitcoin, resulting in broad market exposure to USDT fraud risk and Bitcoin volatility v GME apes stressing underlying system A broader market pullback or turn to bear market can affect any stock's price. Looking at the sector: ^ I believe I know that psychedelics work, and are safe ^ mental health a huge industry that impacts all sectors because..humans, and looks to grow due to COVID v proper testing can take time and money v Canadian election can affect the path the sector takes. I believe the psychedelics market is in the nascent stages of a multi-year bull market. Valuing companies in the sector right now is difficult. Looking at the company: ^ one of the few companies in the sector that actually has revenue ^ lower risk of `going to zero` because not focused on novel compounds ^ is focused on creating IP v lower potential to moon because not focused on patenting compounds v rank-ordered within industry, less focused on making money, more focused on helping people and making help accessible ^ outstanding team and network ^ focused on psychedelic-assisted psychotherapy (similar to shamanic-assisted tripping, which is an ancient, proven methodology) ^ $63.2 million cash position (1/3 current market value @~$0.87 ^ YOY revenue is expected to increase by ~100% v not much attention on reddit (hey, it seems to matter) ^ lower volatility due to lack of meme-retail involvement v has diluted shares in the past The company is solid, growing through acquisitions and research, and a leader in the sector. Numinus is licence by Health Canada to cultivate, extract and sell psychedelic compounds. They also have a dealer's licence to import, export, possess, test and distribute MDMA, psilocybin, psilocin, DMT and mescaline. v my understanding is that ibogaine is the most effective psychedelic specifically for opioid addiction. but entails cardiac risk, but numinus does not seem to be working with ibogaine-derived compounds The book: Bear Market Trading Strategies by Matthew R Kratter say that if a stock moves above it's 200 day MA, one can consider shorting. Playing with this logic, NUMI is below it's 200 day MA in what looks to be a possible multi-year bull market, so now might be a good entry point. On morality and ethics: Numinus may not have a 1B valuation like MMED (with 0 revenue), but by supporting a company that is focused on natural healing and accessibility it is a step in a direction away from the big pharma method of `extracting value from` towards the team human (podcast) method of `creating value for`. And I believe that is what the mushrooms want :). How does investing help Numinus Wellness: A higher stock price allows for things such as uplisting to the TSX and NYSE which gives them more access to capital. Also, investor support allows them to obtain capital at a higher valuation. Full disclosure: I bought NUMI at 28c, have sold off portions several time for a variety of reasons, and now am dollar cost averaging in again during sideways movement and am focusing on managing risk. This is my first chart publish. I will appreciate all feedback, critical or otherwise. This is not financial advice.
NLong
by jtorkr
12
$MNMD Looking to Trend, Must Close Above Black Ray...Price discovery is full effect. We've seen some healthy consolidation near what I believe to the bottom - about 2.94 2.25 was the accelerator, and I indicated the price action around it last week was very bullish... Numbers to watch are 4 - 4.55 - 5 - 5.69 There's not telling what happens this week... that FDA news just dropped and market is reacting (although it was evident in the price action last week) Keep focus on the black ray. That's a channel we want to stay out of. If we can close above it I believe we start to trend for now.
NASDAQ:MNMDLong
by GratefulDaytrader
Is this love, baby, or is it confusion?This is an Elliot Wave projection suggesting we've just completed Wave 2 of a standard 5 Up formation. Wave 2 is often a 0.5 or 0.618 pullback on Wave 1. Wave 3 is often related to Wave 1 by 1:1, 1:1.618, or 1:2.618 (don't ask me why). Wave 4 often pulls back to the .382 of Wave 3. Wave 5 is least reliable and may replicate Wave 1 when Wave 3 extends, or extend to the 1.618 if Wave 3 replicates Wave 1 (again, dont ask me to explain this woo woo theory). Possible Wave 2 targets ($CAD): 8.88, 10, 11.65, 16 Possible Wave 5 targets: 11, 13.37 14.59, 20 The MACD is turning up with a bullish divergence shown in yellow. NOTE This analysis is akin to random guessing and finger painting. These price targets and predictions are in no way intended as finacial advices. If you want to be independently financially, we recommend education as the first and foremost step in your journey.
MLong
by bluedog360
5
MMED about to get a big catalystHello bull gang and bagholders, after long 6 months of bagholding, the NASDAQ uplisting is around the corner. On 3/30/2021, after market, MMED released a news about filing form F-10 with SEC, which will give them the ability to sell securities in USA. Also, on April 12, MMED will uphold a vote and any investor who holds MMED or MMEDF shares will be able to vote, this is obvious that the vote is about NASDAQ uplisting because they cannot uplist our shares on another exchange without our permission. I am in full support to uplist the shares on NASDAQ and once the vote is passed and majority agrees to uplist, it will trigger a catalyst and the price easily can hit 7-10$ on the hype. I also think that on the uplisting day, the shares can go up in price because of retail to Robinhood traders. At last, we finally rise up to the skies. However, please consider risk and do your own DD before buying as this is my own opinion and speculation. Thanks gang.
MLong
by DumpItAgain
1
MMED ready for a trip higherThe flat volume should be increasing any day, for better or worse. I'm thinking for better. It has built strong support on the 100 day, & RSI is trending up while price is riding an upward trend line. It looks decent, and now is a good time for a lot of stocks to break out of their slumps. I'm noticing numerous stocks at a tipping point so I think Monday or Tuesday should bring large movements to confirm bullish or bearish breakouts in the market.
MLong
by RickSmash
MMED lukewarm. Looking for new confirmation.A friend mentioned this stock to me so I charted it. I don't know the fundamentals. On one hand I like the accumulation pattern. On the other hand, I don't like the weak volume on the local high but at least I don't see bearish divergence on RSI. I also think the whole market is cooling off a bit. Stop losses in the red zone if it falls through support. If it starts looking really froggish below the next resistance line, I would use a judgement call to possibly front run the breakout, risking an instant reversal and big losses. That would require some very positive fundamental analysis as well as technicals on steroids. I'm not sure about the XABCD pattern. I'm going to wait for confirmation of the next trend. If you're a fan of this stock, or if you don't like it please tell me why. Please give me a like and a follow, and check out my other charts.
M
by RickSmash
12
If chart goes up black line !EVERYTHING IS POSSIBLE! (Big event)If chart goes up black line !EVERYTHING IS POSSIBLE! (Big event) And to 24 FEB to 8 MARS= 2 choices 1: The bottom after the big bull Event! ( around 5.48$- 5.67$ ) after that another bull because is the max bottom line. OR 2: The maximun Bull trend ( if the chart doesn't go up the black line ) and after that bear trend. ( the bottom will be 4.50$.. something around that) I choose option 1 because : -spyk etf J&J Vaccine efficacity will be on top at this time. -WEED will be legalize in entire USA in this period too -is the fucking futur soo bull all in!! imposible human can go futher with out fixed mental issue! mental issue is not imagination for creation! mental issue are BIG WALLS. and everyone know right now we are at the top of thechnologie. SOMETHING BIG WILL CHANGE. LIKE THE INITIATION OF INTERNET. MAYBE CLOUD INTERNET...LIMITLESS PERFOMANCE. MAYBE REAL A.I ACESSIBILITY MAYBE ROBOT WHO TAKE PHYSICALL WORKS MAYBE EVERYTHING WILL BE AUTOMATIC IN A WAY THAT CHANGE ALL OUR ENTIRE HABITS ( COVID IS A GOOD INICIATION)
MLong
by CharlesGhavidia
MMED is time to hold like GME, DIAMOND HANDSHello bulls, lately the GME drama stole our trend and now we are in a situation where we are losing investors, people selling MMED to go gamble on GME, AMC or BB. This is not wise and by selling MMED, you hurt the company and your mates who hold this stock. However, this message is to ALL the people who still hold MMED, we are going to do something similar to GME drama, we are going to buy more MMED shares and hold them like we have diamond hands. When the GME drama will be over, investors and traders will come back to MMED, only to find that there is no liquidity because all the MMED holders are not willing to sell unless the price offer is 10$ MINIMUM. NOW IS THE TIME TO BUY MORE AND HOLD, SET THE PRICE LIMIT AT 10$ AND HOLD. MMED TO THE MOON. TO PEOPLE WHO BOUGHT MMED HIGHER THAN MOST OF US, DON'T WORRY, WE GOT YOU AND WE WILL HOLD IT LIKE DIAMOND HANDS.
MLong
by DumpItAgain
2