Cybin Inc.

CYBN in sideways channel, bulls need to break above 8.01

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Nothing changes for me between 7.11 and 8.01. Break below and I will stop out of my swing and be very patient while I reassess, break above 8.01 and we look for a lower high below 9.83. Currently, 4hr EMA12 continues to be resistance on each little bounce attempt.

If you are bullish here, you have decent entry opportunity to play off of 7.11 support with a stop loss below that - you'll certainly be in a much better position with your position than I am with mine on this stock!

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