One could say it was the Joe Springer article that helped to lift the MNKD ship into space. But we are already here. The question is not "how did we get here" or "why are we here", but "where are we going next?"
Are we going to make a move down as predicted by Adam Feurstein, are we going to make a move down and consolidate before moving higher, are we going to stay in a range at these levels and consolidate before moving higher, or are we going to continue the parabolic rise which we have recently experienced
Technical analysis can help to anwer those questions, by utilizing patterns and indicators that have been proven over the years to be relevant and many times predictive.
