Possible Small Bull on $MNKD
Updated
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. $1.70Comment
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.
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