Mike Jeed

I like charts 😎

[Mike Jeed @MikeJeed]

@markfidelman @elonmusk @therabbithole @CommunityNotes AI is only as good as the data it learns from. AI can be manipulated by feeding it data that serves a certain agenda. It’ll increase the odds of the AI outputting whatever that agenda is if most of the data available to the AI makes it believe that to be the truth.

[Mike Jeed @MikeJeed]

$MNMD gap up open coming. Need to break $4.28 to confirm a monthly uptrend. For $MMED $5.75 is the level

[Mike Jeed @MikeJeed]

$MSOS tight weekly range. Potential inverse head and shoulders setup. Holding up well during overall market weakness past few days. Breaking $7.36 will potentially lead to bull momentum long term. Eyes on! $GTII $CURA $TER $TRUL

[Mike Jeed @MikeJeed]

$MNMD if we close strong, I’ll be positioned for a gap up open tomorrow. We are in a lack of resistance zone $MMED

[Mike Jeed @MikeJeed]

MindMed $MMED is getting tight on the daily timeframe. Base forming on the weekly timeframe while still oversold. Looking at $2.78 and $2.87 on $MNMD to break to see some bullish momentum. Chart here: https://t.co/DbcOtEwUNS

[Mike Jeed @MikeJeed]

@elonmusk You’re on the naughti list 📝

[Mike Jeed @MikeJeed]

Looking for a weekly higher low compared to $0.91 on $MNMD. Look at the weekly chart, you can see a weekly equilibrium pattern. Stop losses are nearby, decent risk to reward entry if this equilibrium breaks bull before June. $MMED

[Mike Jeed @MikeJeed]

@Ron46705278 @KevinMa04852547 When I refer to $MNMD, I’m talking USD. When I refer to $MMED, I’m talking CAD.

[Mike Jeed @MikeJeed]

Also, just because I’m expecting Jan 24th low to hold doesn’t mean that it will. I am prepared for it to break support. You should always have a plan for “if” X happens, “then” I do Y.

[Mike Jeed @MikeJeed]

Will likely add positions again tomorrow and Wednesday. Expecting $MNMD $MMED to hold low from Jan 24th. We can always go lower than you think! This is why I take profit into strength (see my previous post) because we dont know what the market will do. Prepare for likely scenario

[Mike Jeed @MikeJeed]

@KevinMa04852547 😏

[Mike Jeed @MikeJeed]

Took 1/3 of my $MMND $MMED trade position off the table just now. Huge win for me, I’ll happily take some profit into strength. Also taking some profit on my $JUSH position

[Mike Jeed @MikeJeed]

@KevinMa04852547 When the bulls prove something to me with trend changes. I will be buying. Until then, I trade accordingly 😏

[Mike Jeed @MikeJeed]

$MNMD $MMED bottom likely in for 2022 as long as overall market doesnt go to sh*t. I’ll likely take some profit tomorrow morning. Watch for other names to be laggard plays after mindmed chills out. Looking at you $NUMI $TRIP $ATAI $CMPS. We still need trend changes on daily tf

[Mike Jeed @MikeJeed]

@KevinMa04852547 My trading position size is fairly large. I will need to take profit to reduce the size. I already have a sizeable long term position in Mindmed that I’m not touching. My plans I’m sharing here are for my trading position. It can go to $7.00 and I’ll make money. I’m all for it!!

[Mike Jeed @MikeJeed]

@jondepotter I don’t think about that stuff. I’m trading based on the chart. Don’t care much about healers/the company

[Mike Jeed @MikeJeed]

Bought $MNMD, $NUMI, $MSOS, $JUSH, $SHOP this morning. Plenty of cash in case we drop to new lows. Selling some now to lower my cost basis since $SPY is approaching high of day and I want to be protective. Bulls can be looking for hourly higher low entries to establish positions

[Mike Jeed @MikeJeed]

@im_hajji Every name in the market pretty much bounced. Need to get some trend changes confirmed to the bulls on the market indices to have some confidence. Until then, it’s still in the bears hands