Relmada Therapeutics Inc. (RLMD)

[VictorMasonIsRight]

Expected RLMD to drop to 36-37 (it hit 38.5) but bounced to 43.

A close above 45.5 would repair the chart trend.

https://stockcharts.com/h-sc/ui?s=RLMD

The chart seems to show it could drop again but I’m not selling,
Oppenheimer just issued a buy w price target of $75. All 5 reports indicate the revenues from their drug will be 1b + within a few years. Fibonacci indicates 71 after closing above 50.

I’ve predicted it will hit $500 soon after REL-1017 is approved and sales begin. It’s the safest, cheapest and fastest acting drug for depression yet developed. Missed my July 4th target. BTD would help.

I’m riding this like Ahab rode Moby Dick but hoping for a better ending.