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 trade ideas
$MNMD Looking to Trend, Must Close Above Black Ray...Price discovery is full effect. We've seen some healthy consolidation near what I believe to the bottom - about 2.94
2.25 was the accelerator, and I indicated the price action around it last week was very bullish...
Numbers to watch are 4 - 4.55 - 5 - 5.69
There's not telling what happens this week... that FDA news just dropped and market is reacting (although it was evident in the price action last week)
Keep focus on the black ray. That's a channel we want to stay out of. If we can close above it I believe we start to trend for now.
MMED Neutral At this stage it may be a good buy for long term hold. The longer the better.
I am trying to find a swing trade and with current market conditions, and a big gap. I am looking at buying it at 2.80 ish
Way oversold, will look for support to add- BullishRSI in the oversold range, with volume MNMD, should really pop. Also do like this long, strong team of scientists behind the company. Looking for a support level to add more- will write CCs against my shares. Just some FIB levels to watch and Supply/Demand zones- HODL
PT1- 10$
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.
MMED Going to $15 ? Quick 50% to 100% in the next month or so?I think there will be a jump to over $15 in the next year or so. I'm saying this because of the pattern alone. In the short term there are two possibilities I believe. One is it goes to $2.50 before going up to $5 and then does a little dance. The second is it just rises to the $5 mark from this point. Good luck traders! P.S. Don't mind all of my crazy lines. I'm still learning the software. I'm just tracking the historical high and low patterns to give a basic prediction. Cheers!
MindMed Respek tha GannTop tier psychedelic company, doing amazing research to help the world with the help of those magic little mushroom friends of ours.
Who wouldn't buy into this? ...Well quite a few people at the moment, as it is still unlisted on a major exchange, hence we should see a nice bump upwards when it gets listed on the NYSE and the hype grows. Long and strong!
MINDMED - BUYMINDMED
TECHNICAL ANALYSIS
- Minor support of 4.90 broke and had to it falling to the next support at 4.17
- Multiple attempts to break past this strong level but it has closed above it . This would be a highly suggested level to buy at 4.17 region
- 3.50 will be next buy zone if it goes any lower which is the next support
Buy it before it booms 🚀
MMED lukewarm. Looking for new confirmation.A friend mentioned this stock to me so I charted it.
I don't know the fundamentals.
On one hand I like the accumulation pattern. On the other hand, I don't like the weak volume on the local high but at least I don't see bearish divergence on RSI. I also think the whole market is cooling off a bit.
Stop losses in the red zone if it falls through support. If it starts looking really froggish below the next resistance line, I would use a judgement call to possibly front run the breakout, risking an instant reversal and big losses. That would require some very positive fundamental analysis as well as technicals on steroids.
I'm not sure about the XABCD pattern.
I'm going to wait for confirmation of the next trend.
If you're a fan of this stock, or if you don't like it please tell me why.
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