Appears to be a quick ride to $2.02. Price action of previous day is quite strong. Prior week had a significant down trend, while prior 3 months show steady growth. Baseline resistance at $1.85 from 03/27/16. We will see when market opens.
Comment:
Whoa! Glad I didn't jump into this position. Looks like the upward wedge reversed on us.
Comment:
Currently trading at around support. $1.70
Comment:
Will there be a Bullish ABCD? Careful eyes on weekly trend.
Comment:
Best to Short now. Sanofi will not be marketing MNKD's product. They will be attempting marketing on their own.