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,...
I think $MNKD will do 10x next one and half year. $16 to $by end of year. Around $52 by end of first quarter 2023.
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...
Not really a biotech kind of guy, really like the monthly close over 50 EMA. Watching closely, long bias.
it looks like a big shift coming as well as was strong insiders buying activities I bet the price will grow
Logarithmic Long with a good Risk/Reward. I would take profit at the ATH and stoploss as indicated. Cheers/donations are welcomed!
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.
Well, a case for a long can be made here. but a really good entry would be around $3.00 and a really good target would be around $6.50.
Closing above 2.08 makes it easy for further bullish rally.
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...