Mannkind

Welcome To The Mannkind HUB On AGORACOM Edit this title from the Fast Facts Section
in response to Trend-diver's message

I did a little technical work this morning and it looks like the stock price is testing the neckline of a head and shoulders top formation on the 60 minute chart. The neckline comes in at the $3.76-$3.80 level. If the stock price is unable to hold these levels, I'm looking for a move to $3.30-$3.40 level, where there is decent support. The 50 DMA is currently at $3.30. I still think there is a chance the MM's will try to close the gaps at $3.11 and lower at $2.83. What a buying opportunity that would be!!

Please login to post a reply
Trend-diver
City
Rank
Treasurer
Activity Points
285
Rating
Your Rating
Date Joined
12/19/2012
Social Links
Private Message
Mannkind
Symbol
MNKD
Exchange
NAZ
Shares
Industry
Technology & Medical
Website
Create a Post