Anticipating MNMD bull break, but large overhead supply remains

MNMD is looking good on the daily chart for a bull break from it's currently daily equilibrium, but it still remains far from it's weekly and monthly resistance levels that ATAI has already cleared. I do anticipate MNMD to benefit from the GO signal from ATAI but the additional overhead supply may remain an obstacle until we get through it, either through grinding price action or a news catalyst specific to MNMD.

Entry: 6.77
Stop loss: 6.27