Psychedelic Stocks About to Trip! 100%+ UpsidesPsychedelic Stocks About to Trip! 🍄
RFK Jr. has been named the top health official in Trump's administration, and he's known for his stance against big pharma and preference for natural products like psychedelics. This could be a game-changer for psychedelic stocks!
In this video analysis, I dive deep into the potential impact RFK Jr. could have on key psychedelic stocks: AMEX:CYBN , NASDAQ:CMPS , NASDAQ:ATAI , and $MNMD.
These stocks are poised for significant movement, and you won't want to miss out on the insights and strategies I share. Not financial advice. 👇
MNMD
MNMD Before March EarningsI don't expect too much news for MindMed by March, but there might be a potential trade even if it hits resistance. Keep a stop loss set up for about $1.40. If it goes below about $1.52 there's no more technical support left.
*not financial advice this is all my own opinion*
NUMI (Numinus Wellness) Ready to Rocket - don't miss this oppAs the chart shows, the most beautiful falling wedge pattern right into a key support. Numinus likely to rocket back to previous ATH offering traders a chance at 400% gains - SHORT TERM!
Note: Numinus just applied to be listed on the Toronto Stock Exchange (TSX) pending some conditions. Add this Psychedelic leader to your portfolio.
Similar stocks: CMPS, ATAI, MNMD, CYBN, SEEL
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Downward Ray gave perfect breakout... upward ray to trend $MNMDThe downward ray given along with 3.60 magic number provided perfect breakout.
The upward ray coming from lows before the list has been drawn since before crossed, and has no validated itself.
Volume profile is favorable to the long side. This ray is simply guidance, but is offering a good leading indicator. If we can get above or at least stay close, it appears we continue trending for now.
Selloff yesterday proved absolutely no interest in staying at lower levels.
$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.