Long
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!
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!
Note
Breakout and daily close confirmed. Next target will be ATH.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.