KTTA: What is this, why bullishPasithea Therapeutics Corp.BATS:KTTAleameseFor one, what stock is this? This is a Penny Stock. They usually come with high risk, high reward. KTTA has Ketamine products in developments and testing. I'm a strong believer in 'pshychedelics' and their positive effect on health, when done correctly. The sector has been bad for quiet some time. - as a contrarian indicator, this seems capitulation phase. We want it when nobody else will. - moving averages: currently above daily 21 and 100 daily MA. Weekly 21MA (really important) is at 0.91 - previous top at 0.91 as well. This will be strong resistance. - watch volume on daily chart. previous rallies were pure sell off rallies. a change in pattern like big green volume with a green bar is bullish and could mark the start of a rally up (if there is no immediate sell off the days later ..). - long term blue downtrend is broken - Weekly RSI is rising - after prolonged downtrend might be seeing some base building here retest of lows remains possible Safe play: wait for a clear move above 0.91. It holds 0.91, buy in. either big green candle with big green volume. or a sustained move above 0.91. Or buy a portion now and the rest later. Magnet levels - 0.91 - 1.14 - 1.40 - 2.21 - 3.85 - 5.43 - 6.00 - 7.50 Big stretch: - 9.25 - 17.40