Mind Medicine Inc is a psychedelic medicine biotech company that discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness. The company is assembling a compelling drug development pipeline of treatments based on psychedelic substances including Psilocybin, LSD, MDMA, DMT, and an Ibogaine derivative, 18-MC. The firm is having an approach towards developing the next generation of psychedelic inspired medicines and therapies.

This is not a financial advice!

4 upcoming catalysts 03/07/2024 , 03/31/2024, 06/30/2024 and 12/31/2024

2024-03-01 MNMD Reiterates Buy 75.00 Maintains HC Wainwright & Co.

Keep in mind the first catalyst is very close and we had already a nice run up. You can enter after the data release.

We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.

Keep an eye on 9, 11, 13, 16, 20, 24 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.

SL under 4.5

TPs approx. 33 longterm

Most info on the chart.

Trade carefully!
Nota
Nice spike!

News from today:

MindMed shares are trading higher after the company received FDA Breakthrough Therapy Designation for its MM120 program in generalized anxiety disorder. The company also announced 12-week durability data from its Phase 2B study of MM120.
Nota
03/27/2024

Mind Medicine (NASDAQ:MNMD) is Leading the Surge in Psychedelic Therapies
Nota
entry was too early - let's see new highs from this bounce.


8/11/2024
Mind Medicine (MindMed) Inc. Passive Stake (FormSC13G)

5585194 shares by BlackRock
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