MMEDF
MMEDF Buy the breakoutthe price action is in a falling wedge... a bullish pattern they are set to release their stock on Robinhood on April 27th 2021
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.
$MMED $MMEDF Levels & Crucial RaysPerfectly defending $3 level during market sell off today.
Rays are being respected as well... showed short-term top when it was unable to break above.
Need to see 3.61 reclaimed to continue upward momentum.
#NQ seems to be the only thing that matters at this point.
Time will tell...
$MMED to test TOP 🚀 (LONG)$MMED seems to have broken off its bull flag and is heading to test the top line of the resistance. Buckle up. 🚀
- HH
MMEDF MindMed Broke Above ResistanceMindMed recently broke out and closed above the top green resistance line and is ready to test the all time highs of $5
If chart goes up black line !EVERYTHING IS POSSIBLE! (Big event)If chart goes up black line !EVERYTHING IS POSSIBLE! (Big event)
And to 24 FEB to 8 MARS= 2 choices
1: The bottom after the big bull Event! ( around 5.48$- 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)
MMEDF--- MindMed priming for test of $5 high and beyond?MMEDF looking bullish after consolidating after bull run. NASDAQ news imminent. Looking for test of ATH and beyond?
MMED is time to hold like GME, DIAMOND HANDSHello bulls, lately the GME drama stole our trend and now we are in a situation where we are losing investors, people selling MMED to go gamble on GME, AMC or BB. This is not wise and by selling MMED, you hurt the company and your mates who hold this stock. However, this message is to ALL the people who still hold MMED, we are going to do something similar to GME drama, we are going to buy more MMED shares and hold them like we have diamond hands. When the GME drama will be over, investors and traders will come back to MMED, only to find that there is no liquidity because all the MMED holders are not willing to sell unless the price offer is 10$ 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.
Bearish Guys. For a better Beginning! 29 jan to 17 feb = Bearish.
key date 8 feb
after 17 feb = Bullish
2.88$ will be a reasonable price.
ETF PSYK = Create a big pression to psychedelic stock because of J&J and their friends. ( Market Cap)
J&J already on 260 ETF xD
== PLEASE COMMENTS YOUR OPINIONS MAYBE I LOST SOMETHING :}
MMEDF - Mr. Wonderful, Dana White, and Me There is a lot of action going on in the Psychonaut arena. I think if I'd have to pick an early winner, I like MMEDF. Also like CMPS.
Mr. Wonderful, Kevin Leary is on board. Dana White understands the significance, and athletes will bring this to mass adoption like they did with MJ.
MMED Remaining Bullish on the daily!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 absolutely suck and I believe Psilocybin can make a major difference in people's lives!
Time to make money on magic mushroomsFor those that follow my analysis regularly, you know that I do not cover penny stocks or anything thinly traded. The reason for this is because it's simply not necessary to generate big returns trading penny stocks. I would MUCH rather trade options on large cap stocks any day. No question about it. I also don't rely on fundamentals because I am a technical trader, however, all of the stocks I pick to trade are considered fundamentally strong by all metrics (consistently strong EPS growth / rapidly growing revs /high RS in their respective category, etc).
But now I am looking at these penny stocks in the magic mushroom sector. Medicine using psilocybin (active ingredient in magic mushrooms) is intriguing because it could be a powerful theme . I love finding themes that haven't really hit mainstream yet (think weed stocks in 2017, crypto in 2016, Electric Vehicles, SaaS, etc). Themes generate buzz and stir hype, which is key for parabolic moves.
Of all shroom stocks I've looked at, MindMed (chart above) looks best to me on a technical basis. It has a clear invalidation point (so risk could be measured) and it just broke out. It was the first psychedelic medicine company to list on the Canadian exchange in March 2020. Kevin O'Leary from Shark Tank is invested in it. I always found Kevin to be the savviest in the room, so the fact that he's involved says a lot to me. Click here for their investor deck or click here for the website.
Here are two other companies in the space:
2) Compass Pathways, backed by the Facebook investor Peter Thiel:
3) And Champignon Brands:
I don't like buying dips like these that don't have enough history, so the only one I'll be buying in small size (no more than 4% of my capital) is MindMed. As someone that's done shrooms in Amsterdam, in the mountains while camping, and several other amazing trips, I am a big believer in the positive outcomes magic mushrooms could bring. Bitcoin actually clicked while I was on a shroom trip in 2015. Fun times :)
MMEDF UpdateCould 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 their trials and have a strong cash balance.
MindMed IPO - the next Canopy Growth?Bruce Linton's (former Canopy Growth CEO) newest project looks promising fundamentally and technically. Be very careful with penny stocks as they can go to 0 overnight. It's worth reading about them and following this young chart if you are interested.