It appears that RMANF is headed back up again but may touch the 0.786 Fib Level again at 0.52 before taking off on another impulse move.
Looking to hit the 1.0 Extended Fib level and then the 1.618 Fib level before the next pull back. See arrows.
Bullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
Golden cross in blue
ATR Ascending
R/R ratio above 9
250RSI above 50
Cons:
RS above 0, but descending
200MA flat
Target:
PT = 0.155$
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The psychedelics/psilocybin sector is heating up again. MMED.N has gained 100%+ off recent lows and SHRM.C is hitting fresh highs. Not many people know this but LITT.V is a strategic investor in SHRM.C and today it had a significant announcement of its own... Technical chart is a thing of beauty! Strong accumulation with bullish MACD/RSI/Stoch action. Lots of room...
Speculative $5M mkt cap psychedelic mushrooms & Coronavirus spread prevention pharma play. Mostly promo driven but cheap mkt cap given recent developments.
- Feb 5, 2020: Signed LOI with Legal Dutch Psilocybin Therapy Center to create JV in California. Expecting to sign DA at the end of February.
- Feb 12, 2020: Signed LOI with CLOV Biopharma (specializing in...
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Roadman Investments Corp. (RMANF)
Alert Price: $0.0450
Investor Presentation
Website | Recent News
========================
Members,
As cannabis legalization spreads across the globe, another mind-altering drug is trying to follow in its tracks: Mushrooms.
Denver voted in May to decriminalize the fungus that contains psilocybin, a...
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Roadman Investments Corp. (RMANF)
Alert Price: $0.0371
Investor Presentation
Website | Recent News
========================
Members,
As cannabis legalization spreads across the globe, another mind-altering drug is trying to follow in its tracks: Mushrooms.
Denver voted in May to decriminalize the fungus that contains psilocybin, a...
