CMPS - The Shroom BoomThere are now talks on wall street bets about the coming "Shroom Boom" The two biggest players are MMEDF and CMPS. CMPS is backed by Peter Thiel and MMEDF is backed by Kevin OLeary. CMPS is my preferred play since they are already on the Nasdaq and offer options. We can clearly see the trend line (purple) is holding very strong and has been tested multiple times. The regression trend is weak, but the price is starting to move back up the retracement levels and above the strong level of support around 45 (blue line.) Yesterdays buy volume was high for all of the stocks in the industry (callout box). I believe big players are pushing into this sector and soon will begin a marketing campaign to push these stocks even higher. Don't forget to cash out when it hits the mainstream.
