ClayTrader
Short

$MNKD Current Technical Pattern Along with Support & Resistance

NASDAQ:MNKD   MANNKIND CORP
Although at the time of making these annotations MNKD             is gapping-up in the premarket, the fact of the matter is this chart has been in a nasty downtrend and has formed a Bear Pennant Pattern. If it does gain any upside strength, the true test will come if the price can make it up to the pivotal $8 level. Until any multi-day closes above $8, I will remain bearish .
I think the pattern can also be labeled "seller exhaustion". I'll take a stab at the long-side at $6.50-$6.00 on any shakeout from here.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out