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Bullboard - Stock Discussion Forum Lucy Scientific Discovery Inc LSDIF

Lucy Scientific Discovery Inc. is an early stage psychotropics contract manufacturing company. The Company is engaged in researching, developing, and manufacturing psychotropic drugs. The Company is a manufacturer of controlled compounds dedicated to advancing the frontiers of mind science and facilitating the development of psychotropic and psychedelic treatment therapies. It is focused on... see more

GREY:LSDIF - Post Discussion

Lucy Scientific Discovery Inc > Holding Strong on LSDI
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Post by Investigo on Jun 14, 2023 10:04am

Holding Strong on LSDI

Hey fellow investors! Just wanted to share my thoughts on $LSDI and why I'm feeling confident about holding onto this stock. One key factor that caught my attention is the 50-day moving average of $1.13, which indicates a consistent performance for $LSDI in recent weeks.  This stability is something that investors and traders, including myself, are closely watching, as it suggests potential upsides for the stock in the near future. Maintaining a steady trajectory despite market fluctuations gives me confidence in its underlying strength and resilience.
Comment by WallstreetGuru on Jun 14, 2023 11:32am
Not a much of a technical analysis person myself but very interesting facts you bring. I also note the stock has held above $1.13 for the most part of the last month which IMO is a good sign. I am watching to see if the SP will start a run as the market in general is showing signs of recovery.
Comment by PatrickCooper on Jun 14, 2023 2:13pm
The discounted trading price is offering a strategic point for me a trader seeking exposure in the biotech industry. 
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