Mannkind

MNKD has quietly broken to the upside of a small declining channel. I am looking for a move to the $7.75 level in the next few days and perhaps a test of the previous recent high of $8.06. My minimum target (in the near term, within the next two weeks) based on a measured move calculation is $9.00. This obviously correlates perfectly to the anticipated speculation as we approach the release of the Phase 3 results.

I dont see a bear raid coming, but anything is possible. If so, BUY BUY BUY.

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