Braxia stock and psycadelic industry I share my knowledge about Psychadelic health care and pharmaceuticals; here we will dive deep into an analysis on braxia scientific; sources of inspiration on the stock market and where both the moral compass and the price compass are in harmony for a price increase; all doors and windows are open but all doors and windows are closed.
Braxia introduction: leader in canada and usa in ketamine but also has psilocibin mushroom and MDMA therapy; has own research labs;
Fundamental analysis in 3 points:
* Braxia has increased in revenue 50% October-December 2022 from last year at the same time;
* ketamine treatments increased by 29%, and psylocibin mushroom therapy is increasing and expected to increase more and more gradually in Toronto and other cities;
* Significantly reduced losses in q3 ending December 2022
Source: braxiascientific.com
Technical analysis on the weekly map 7 points:
* the stock since its 2020 peak of 2.2 Cdollar has been in a falling trend to 0.02 Cdollar in about 3 years of decline; the trend line shows this;
* Key resistances are at 0.07, 0.20, 0.30, 0.40-0.50, 0.98, 1.98, 2.4; possibly, 8, 16, 24, 32, 50, 100.
* Braxia has attempted to get out of the green cup at 0.07 a full 6 attempts; could seventh be the definitive for a whole new world and level for braxia for a long time? Should braxia break 0.07, I do not see any resistance until 0.20-0.30 where I think many will take profits, personally I plan to do it myself also at around 1000% profit from current action; my 5000 will then be converted to 50000kronor, not bad;
* Exponential moving average of 10 and 20 has been trading as resistance for 3 years with only two attempts at a permanent break;
* Fibbonacci golden zone is between 0.105-0.36 there are often reversals if you combine it with resistance and we see big buy stacks at 0.20-0.30-0.50 so assuming profit taking there for a new feedback cycle is wise.
* I speculate that braxia breaks, tripp trapp trull; ema 0.03, then the trend line at 0.04 then the green cup at 0.075 within 72 days before September is over. If not, as September is historically a selling month, I think October or November breaks it and lands 0.20-0.30 where it charges power.
* Last but not least, we have the RSI on the weekly chart that shows a bullish divergence as the RSI formula (the strength behind ish) moves upwards in power but price downwards, this may mean a turning point soon which I think we will see here in the near future if I look into the crystal ball.
Source: www.tradingview.com
Personal analysis and extra inspiring information about the psychedelic health care and pharmaceutical industry in 4 points:
* Psychedelic science conference in denver usa 2023 was held in June, last event which I think was 2019 there were 3000 attendees, now there were 10,000 attendees an increase of over 300%.
* If you want a really good balanced view on the chance of benefit and risk of harm when it comes to psycadelic health care and pharmaceuticals and how to integrate them, I recommend this podcast episode in English www.youtube.com
* If you want to be present in the big news and the big circles around Sweden, I recommend www.psykedeliskvetenskap.org a new news said that it is now possible to train at Karlstad University for just psychadelic research and treatment methodology kau.varbi.com
* At some point, the imbalance in the benefits this can do and the actual money that is in the industry and increases strongly, with the public's faith and trust in the industry and willingness to be involved as a shareholder in higher prices, I trust that the crossroads is very close based on my analysis, I argue it clearly. All doors and windows are open and all doors and windows closes.
No claims:
I do not claim financial advice, this is not buying advice, past returns are no guarantee of future returns, you are responsible for how you use your money and manage your emotions in your decisions, this is pure knowledge sharing and inspiration for a higher purpose in line with love and benefit, you could lose some of your money or all of your money. i make no medical claims, go ask your healthcare proffesional you can trust if you want medical advice.
BRAX trade ideas
Bullish diverigense on Braxia weeklyBraxia just hit now all time low but at the same time showing bullish rsi climbing higher, it has also rested at the 40 level which is at some techical indicator points observed as a pivotpoint when moving upwards.
the timing feels right to break the white trendline and later the green cup at 0,07 which it has met resistent about 7 times.
After this we look at serious price tempratures at 0,20-0,40 which i will take some profit and if looks right ill buy back some at 0,10-0,22 again.
Next stop will be around 1 Cdollar, and next ath at 2,2 then 8-16-32-50
this will happen withing 3-5 years i believe.
Disclaimer:
no finacialadvice, this is for pure educational and entertainment purposes to spread knowledge and wellbeing and do no harm, then its your own choice what to do with it and take responsibility for yourself.
Braxia is embarking 18 candollars
Braxia is now at historic lows at 0,025 dollars;
but the one who wishes to take part of bigger gains does not need to wait for long i beleive;
Braxias next goal is to get past the cup and handle formation at level 0,070, after it breaks that level that is in harmoney with the downwardtrendline and ema 12 and 24, we looking at floor levels between 0,20-0,40,
where i will be taking some profit; fib 0,5-0,62 is in harmoney with the noting price at 0,20 and pricepearl increese at 0,30 back in 2020.
Expecting retest at 0,20-0,24.
A supporting factor for the case is RSI was over 60 on weekly recently showing the pricepearl has power under it.
Next goal is ath at 1,90 where it will struggle to find a grounding level, after that its 6-12 dollar and after that 16-24 dollar, where maximum is 40-60 dollar before really reversing.
Now 0,025 untill ATH is 10 000%; now 0,025 untill 18dollar is 84 000%
On the fundamental side the new partner irwin naturals offered 30M dollar to acquire braxia i interpret it.
Can get braxias product to the market threw its already grounding supply chain, which shows that if that goal is accomplished buyers will flood braxia and bring the pricepearl floating higher. We are in the dusk of a psycadelic pharmasudical breakthrew on the legal side, when it gets accepted to the masses within 1-2 years braxia is one of the top companies to deliver products and services, but also the lowest priced asset at the same time giving it the best of both worlds potensial.
www.investorsobserver.com
no finacial advice; your responsible for your own actions.
This is an informative guess and entertainment goal.
/Simon.