Foren & Soziale Netzwerke zur MIND MEDICINE Aktie

 

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NASDAQ:MNMD Inverse H&S $10.44 BREAKOUT =?$12.25?$15.60 Called this one out a few months ago and how RFK Jr. would send the Psychedelic's Stock flying...He did just that after his inauguration. It could keep flying now with momentum! Not financial advice

Breakout, CHoCH, volume supporting the move, 20.82 target, march Opex expiration. nothing big, I like the setup. why are we running tho?? The confirmation of Robert F. Kennedy Jr. as the head of the U.S. Department of Health and Human Services could have a positive impact on biotech stocks, particularly in the psychedelic space. RFK Jr.'s support for mental health treatments using psychedelics like those being developed by Mind Medicine (MNMD) aligns with a potential shift in policy towards chronic disease prevention and alternative therapies. Analysts believe this could boost biotech companies focused on psychedelics, such as MNMD, which saw a slight uptick in stock following his confirmation.

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MNMD: An optimal buy Call option here -Long ABCD pattern. -Inversed HnS pattern forming. -Fibo golden zone at 0.168./ -Key level support. -Logic volume together with spread. . Wait n see.

On a more zoomed out NASDAQ:MNMD looks like it's in a falling wedge. A little double bottom could be forming here as well. Will be accumulating $1500 or so in shares for a short term swing. Risk for me is $6.75 with a goal of $8.50 and leave some running. WSL

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