This daily chart is a beauty setup. Just listed today December 16th on the TSX (graduated from the TSXV) and far undervalued compared to its peers.
Bonus facts:
- Health Canada licenses, some exclusive
- Strong influencer on regulatory market
- Multiple successful clinical trials
- NO DEBT - and a warchest full of cash
- Some big acquisitions this year, becoming...
Look it up. Big merger. Big new market.
This company has around 10 clinics that specialize in Ketamine psychadelic therapy. New research is being done in this field and psychadelics have proved to be effective in treating alcoholism.
I just bought a bunch, but you do you.
After confirming bearish double top pattern, it retraced close to the .618 fib level around .23c. Now, we have a triple top and up 20% on no news. They did get listed on OTC US exchange 5 days ago. I would wait for pull back and go long the psychadelic sector (1-3 years).
