MNKD has been consolidating for want seems to be forever, but since April of 2020 it's been catching a little bit of a pump which peaked sometime in March of this year. Since then it has created a symmetrical triangle. On its own a symmetrical triangle does not mean much, but if we look at other indicators like the weekly 200 MA, together with the RSI and the...
MNKD is back at a frequent level of "traffic" this week. After doing a quick retracement we can see that the 618 area continues to act as a magnate a key pivot area. After bouncing off this last time, MNKD has continued higher on a decent multi-day move. Now, moving forward, a fundamental focus could be on what happens with its next potential commercial product,...
MannKind And United Therapeutics Achieve A Major Milestone In The Development Of Tyvaso DPI(TM) With New Drug Application Acceptance From The FDA. Mannkind's insulin inhaler Alfrezza since approval 7 years ago has not been a game changer for the company's revenue and bottom line although has marginally increase on monthly and yearly basics, the recent news I...
Wave#2
Monthly SMA12/24 as support
Monthly OBV > OBV Avg24
Entry 4.15
Stop 2
Target 11
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
MNKD is back in that Fib channel between the .5 and .382 levels. This was a previous channel earlier in the year. Now that the financing deal is done, will it finally see a prolonged uptrend without much interruption?
" However, with fresh capital in hand, the company aims at advancing its current pipeline. This includes a Phase 3 clinical trial of its Afrezza...
Hey guys thanks for looking trying to catch both waves here, I have not traded this in a couple years,(first 6 figure trade ever it was maybe 3 minutes in and out was $MNKD) this is all i found so far on cheapies as i keep getting messages for ideas for smaller accounts, i plan on getting up very early so hopefully a few solid plans tomorrow as well.
Ascending Triangles are repeatable trading chart patterns.
Ascending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline...
MannKind Corp. operates as a biopharmaceutical company. It focuses on the discovery, development and commercialization of therapeutic products for diseases, such as diabetes and cancer. The company was founded by Alfred E. Mann on February 14, 1991 and is headquartered in Westlake Village, CA.
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