Mannkind

Good news

The stock price tested the support at the $3.78-$3.80 level this week and has held. The stock then broke to the upside, out of a triangle pattern which is a bullish move indicating higher prices.

Bad news

For those interested in picking up a shares a lower prices, this may not be in the offing. The only bright light for those looking for lower prices was that the breakout was on below average volume.