MNMD trade ideas
#update... still moving like we wanted last week. please look for my previous chart to understand this update. nothing much has cHanged. it broke out of the uptrend channel but still showing bullisH signs with quick bounce ar support and nice consolidation. volume is picking up, i guess people from $gme and $amc are tired of losing money there so they are buying back. let us watch volume this week, i would like to 2m+ volume days!!
Flag FormationAm i seeing things or are we heading higher?
Based on Fib and historical price action, i think it should retest the recent high of $6.5
this one is a gem. i've been long since 0.49c$mmed is in a quiet mode now. tHings could get interesting again wHen tHey uplisting approved. the etf catalyst didn't really do much for the sector as a wHole. If it drops to support you can scalp for an uplisting catalyst before summer. i like tHis Here and will always add dips as i am bullish on this company and what it can acHieve in future.
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 :}
MMED - Next Move? Psychedelic sector is starting to heat up once again
A few micro-caps are leading the way by pushing towards previous ATH's & surging in volume: TRIP, CYBN, HOLL, MYCO
MMED is reaching the end of its consolation box. We have 2 scenarios:
- break down from the multi-month trend line - set daily lower lows - enter a new bearish cycle
- break upper resistance at 4.30 - push towards ATH - continue the bullish trend and lead the push for psychedelic's
Good Luck to All!
Bye Bye cannabis, Hello Psychedelics! Comment any questions if you have them. I tried to put majority of the information on the chart. After review of weed stocks looks like most of the companies already spiked (May continue to spike) But psycaedelics are on a rise for a couple of companies. After studying I think Psychedelics are going to be the new cannabis!
MMED reversal pendingIt's looking optimistic in my opinion there's a nice squeeze forming as well as support strength. Mental illness during/after the pandemic is at record highs. Psychedelic therapy as a general treatment for mental illness has long been known to catalyze great amounts of change in the mind and cause total perspective shifts. MMED being at the forefront gives great advantage to them.
MMED still looks like a buy before NASDAQ uplistingHello fellow bulls and future Warren Buffetts, hope you all had a good Christmas because the gift you received from MMED was a 92 Million dollars public deal, this is an extremely good news because now MMED can operate for years without worrying about debt nor the cost of operating a pharma company. This is a sign that this company can grow long term and perhaps become something big. Now, the CEO of MMED said in the interview that closing the public deal will let them work full time on the NASDAQ up-listing goal. As we can see from their perspectives, getting up-listed on NASDAQ is not an easy job. It requires a lot of time and money, which now the company got both of these resources for sure. I said last time that up-listing may be between December-January. However, the 92 millions dollars public deal announcement came out of no where and delayed the plans and decreased the stock price. My opinion, the final train is loading up before the departure and you still have time to hop in. I bought more shares when it dropped to 3.6$/share. People sell because they look for fast money, you need to give MMED some time, it already went 400% in one month. I am going to hold and speculate that between January and February, we will have some update about the NASDAQ up-listing news, we will even have a chance to grow within this time period. To the moon bois, MMED will reach 10$ when up-listing will be announced. And on the day of up-listing, people will sell their expensive CMPS shares and buy more MMED, driving it to 20$. Good luck mates!
MMED thoughtsso these are the areas that im looking for support in to determine if the trend is going bullish, or not.
MMED Remaining Bullish on the daily!MMED had a perfect bounce on the daily EMA ribbon and off the 0.5 fibonacci level today. CRazy how they lined up perfectly today. I first bought MMED at 52 cents and I got some more filled today on this pullback. I am extremely bullish on this stock and the entire psychedelic space moving into the next few years. Current anxiety and depression medications absolutely suck and I believe Psilocybin can make a major difference in people's lives!
MMED - AccumulateMMED - CAD - NEO Exchange.
BUY at 3.25CAD/shr
Heard first from Kevin O'Leary on Pomp podcast.
From early Dec 2020
This is my one and only psychedelic play. If you can suggest more, please leave a comment below.
I am very long this position. This is just the beginning.
- this is not trading advice.
Cryptmando
Dec 22, 2020
MMED almost at NASDAQHello fellow Bulls, hope you caught the train on MMED and any psychedelic stocks before they left the station, the volatility I witnessed on MMED is quite scary, specially the last 2 days that were a 30% drop. However, the public deal announcement that drove the stock 30% down was a necessary move to get cash. Without cash, this company wont survive, that's why they are getting it and a lot of it. They need it to pay not only the management of the company but also to acquire new information, data, tools and people that specialize in psychedelics which can costs millions of dollars, specially when they have to acquire other small companies for these resources. Anyway, I am here to give you all another possible hit point we can achieve by holding this stock. I predict the stock to reach up to 10$ per share on NASDAQ announcement and 20$ on NASDAQ opening. There is still place of growth and while the stock now at 4.5$, it is still a green go to buy it. The worst already behind, the stock stabilized at price of 4$ and will have a good checkpoint to start rising from. The NASDAQ news is still unknown but lets hope it will come soon, I'd say maybe maximum 2 months of waiting. I bag-hold myself already 14000 shares from 1$ and still wait for the NASDAQ news. Another tip I would recommend to people who can afford less, buy TRIP, I can't say their reliability for long term but the stock is super cheap at 0.38 cents a share and if MMED will rise up, TRIP will be on its back rising the double. Good luck mates.
Waiting for an EMA re-test before taking a trip on MMEDMushroom stocks have the potential to be a huge hype market driven by crazy retail speculators and nonsensical charlatans. The appetite is there for a new hype market like this, so I'm looking at EMA retests before entering in for swing(s).
MMED AmazingCurrently at 217.44% benefits on that stock, I knew it was going to go up arghhh... I should have buy more hahah. Anyway I still have few of them. It will go more up
12/14/2020 - "MindMed Announces Successful Completion of Pre-IND Meeting with the FDA for Project Lucy"
12/08/2020- "MindMed Files Final Prospectus In Connection With Bought Deal Equity Financing"
11/06/2020 - "MindMed Receives Approval of Protocol Design to Evaluate Microdoses of LSD For Adult ADHD In Phase 2a Clinical Trial from Swiss and Dutch Health Authorities"
GOGO!!! MMED keep an eyes on them!
MMED MMED getting crazy for those past few days but for how long is it going to go up ? Are we expecting a drop anytime soon ??
MMED: Bullish PennantBullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, in overall ascent.
ATR Ascending
R/R ratio above 6
200MA ascending
If confirmed:
PT = 3.54$
PULL BACK ENTER AT 156-171 RANGE - EXIT AT 2.10-2.20 RNGE OR HLDPULL BACK ENTER AT 156-171 RANGE - EXIT AT 2.10-2.20 RNGE OR HLD. Entry at 61.8 fib ret
MMED on breakout watchlist, potential long into earnings. I am hoping to buy the breakout tommorow if the conditions are met:
- opens near close or at least does not gap up too significantly.
- Breaksout of the 1.46 price target
Stop loss would be 1.20 to 1.25 range.
