$MNMD Mind Medicine Key Fibonacci Alert Level.
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MNMD trade ideas
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.
Chillin At the 382 FibMNMD still hanging out around this 382 fib line. Wondering if the upcoming Atai IPO will help or hurt things.
"Psychadelic penny stocks are performing well as many companies in the niche are growing in both size and popularity. Its latest update comes from May 26th when the company published its first pharmacogenetics data report on LSD in collaboration with Liechti Lab in Basel, Switzerland...Again, the field of psychedelics and publicly traded psychedelic stocks are both very new to investors. However, new can be good if it is done correctly. In the past month, shares of MNMD stock have risen by around 12%. And, in the past year, that number jumps to a staggering 1,143% as of June 16th."
Quote Source: 4 Penny Stocks to Watch Following the Fed Meeting and Powell’s Remarks
bullish on mndmshort term i would like to see some more capitulation after the nasdaq listing fomo. bruce linton and JR dumped shares that all got bought up, but may be psychologically damaging to some. anything under 3 bucks is definitely a buy. will go parabolic with the growing interest in all things mushrooms/psychedelics. read the chart not the news.
$MNMD Looking to Trend, Must Close Above Black Ray...Price discovery is full effect. We've seen some healthy consolidation near what I believe to the bottom - about 2.94
2.25 was the accelerator, and I indicated the price action around it last week was very bullish...
Numbers to watch are 4 - 4.55 - 5 - 5.69
There's not telling what happens this week... that FDA news just dropped and market is reacting (although it was evident in the price action last week)
Keep focus on the black ray. That's a channel we want to stay out of. If we can close above it I believe we start to trend for now.
MMED Neutral At this stage it may be a good buy for long term hold. The longer the better.
I am trying to find a swing trade and with current market conditions, and a big gap. I am looking at buying it at 2.80 ish
Way oversold, will look for support to add- BullishRSI in the oversold range, with volume MNMD, should really pop. Also do like this long, strong team of scientists behind the company. Looking for a support level to add more- will write CCs against my shares. Just some FIB levels to watch and Supply/Demand zones- HODL
PT1- 10$
PT2- Moon
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 ($CAD): 8.88, 10, 11.65, 16
Possible Wave 5 targets: 11, 13.37 14.59, 20
The MACD is turning up with a bullish divergence shown in yellow.
NOTE This analysis is akin to random guessing and finger painting. These price targets and predictions are in no way intended as finacial advices.
If you want to be independently financially, we recommend education as the first and foremost step in your journey.
mmed.neo: Jumper to Nasdak 27 aprilbuy TODAY mmed.neo and tomorow it will transfer to mnmd. usd nasdak.
i expect more than 100%. is the futur of medecine! and even CRISPR Therapeutics need these for is data!
MMED about to get a big catalystHello bull gang and bagholders, after long 6 months of bagholding, the NASDAQ uplisting is around the corner. On 3/30/2021, after market, MMED released a news about filing form F-10 with SEC, which will give them the ability to sell securities in USA. Also, on April 12, MMED will uphold a vote and any investor who holds MMED or MMEDF shares will be able to vote, this is obvious that the vote is about NASDAQ uplisting because they cannot uplist our shares on another exchange without our permission. I am in full support to uplist the shares on NASDAQ and once the vote is passed and majority agrees to uplist, it will trigger a catalyst and the price easily can hit 7-10$ 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 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.