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 ($CAD): 8.88, 10, 11.65, 16
Possible Wave 5 targets: 11, 13.37 14.59, 20
The MACD is turning up with a bullish divergence shown in yellow.
NOTE This analysis is akin to random guessing and finger painting. These price targets and predictions are in no way intended as finacial advices.
If you want to be independently financially, we recommend education as the first and foremost step in your journey.
MNMD trade ideas
mmed.neo: Jumper to Nasdak 27 aprilbuy TODAY mmed.neo and tomorow it will transfer to mnmd. usd nasdak.
i expect more than 100%. is the futur of medecine! and even CRISPR Therapeutics need these for is data!
MMED about to get a big catalystHello bull gang and bagholders, after long 6 months of bagholding, the NASDAQ uplisting is around the corner. On 3/30/2021, after market, MMED released a news about filing form F-10 with SEC, which will give them the ability to sell securities in USA. Also, on April 12, MMED will uphold a vote and any investor who holds MMED or MMEDF shares will be able to vote, this is obvious that the vote is about NASDAQ uplisting because they cannot uplist our shares on another exchange without our permission. I am in full support to uplist the shares on NASDAQ and once the vote is passed and majority agrees to uplist, it will trigger a catalyst and the price easily can hit 7-10$ 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.
Please give me a like and a follow, and check out my other charts.
MMED impending NASDAQ uplistingPsychedelics have the potential to revolutionize mental health as we know it. Recent research has shown that Psilocybin, DMT, LSD, Ketamine and MDM shown to be effective to treat conditions such as depression, anxiety, PTSD and more. MMED is currently conducting preliminary research to develop psychedelic therapies such as LSD microdosing and a new research project which combines doses of LSD and MDMA.
As legal and regulatory dominos begin to topple, MMED is poised to make some big moves. Currently with the highest market cap in the space at $3.98 billion, MMED is still listed on the smaller NEO exchange, but it is in the application process to get uplisted to the NASDAQ. This further exposure could be huge for the company.
MMED just broke out of its lower consolidation range, and if this bullishness continues, we could see it testing levels of resistance in the coming weeks. With a big boost for MMED and the whole space, this could be the breakout we have been waiting for. Let's see how it performs when it hits upward resistance levels and keep an eye on the volume.
The macros are super bullish on this one so I am going to continue to hold regardless of whether it pulls back or not.
As always this is NOT TRADING ADVICE
Disclosure: As an early investor at 0.42, MMED has been my most successful trade to date.
After taking profits in the $5-6.50 range at the last peak, I have been increasing my position during its consolidation between $3.5-4.5.
If chart goes up black line !EVERYTHING IS POSSIBLE! (Big event)If chart goes up black line !EVERYTHING IS POSSIBLE! (Big event)
And to 24 FEB to 8 MARS= 2 choices
1: The bottom after the big bull Event! ( around 5.48$- 5.67$ ) after that another bull because is the max bottom line.
OR
2: The maximun Bull trend ( if the chart doesn't go up the black line ) and after that bear trend. ( the bottom will be 4.50$.. something around that)
I choose option 1 because :
-spyk etf J&J Vaccine efficacity will be on top at this time.
-WEED will be legalize in entire USA in this period too
-is the fucking futur soo bull all in!! imposible human can go futher with out fixed mental issue! mental issue is not imagination for creation! mental issue are BIG WALLS. and everyone know right now we are at the top of thechnologie. SOMETHING BIG WILL CHANGE. LIKE THE INITIATION OF INTERNET.
MAYBE CLOUD INTERNET...LIMITLESS PERFOMANCE.
MAYBE REAL A.I ACESSIBILITY
MAYBE ROBOT WHO TAKE PHYSICALL WORKS
MAYBE EVERYTHING WILL BE AUTOMATIC IN A WAY THAT CHANGE ALL OUR ENTIRE HABITS ( COVID IS A GOOD INICIATION)
#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!
