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Post by peppy on Oct 29, 2018 9:53:19 GMT -5
Up on low volume is really good, right? I don't think there has been any real price movement yet, the futures/market is up. Up on high volume is the good signal. off topic: the Dax moving up today, neckline 11750. the head and shoulders neckline should resist if price gets there, still 400ish points alway. The markets are still global, the last time I checked. |
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Post by tz on Oct 29, 2018 9:57:42 GMT -5
Kind of, but not really. The shorts just hold the fire. They are waiting for the bullets. If the earnings call has nothing new, they will resume the bombing. 1.75 to 1.85 should be support. For MNKD, who knows, a piece of good news can move it up 100%. Everything changes so fast. You have no time to react. The shorts are also cautious now. Remember Spencer, the biggest basher from SA, he is also cautious and dogging on the ground, waiting for new bashing material. Unfortunately, the UTHR deal is stong enough to support MNKD stock at current price.
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Post by xanet on Oct 29, 2018 10:30:30 GMT -5
Up on low volume is really good, right? Not really. We want to see up on high volume. Shows there are buyers. With low volume, price can drift without any real meaning. |
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Post by mytakeonit on Oct 29, 2018 12:57:09 GMT -5
Super high up on low volume means that the short squeeze is happening.
Up on high volume means that longs have their sell orders too low and releasing shares ... and will cry when they get home. So, don't have sell orders in place.
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Post by awesomo on Oct 29, 2018 13:47:55 GMT -5
Big name tech is getting crushed right now, market is looking for any reason to go lower.
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Post by peppy on Oct 29, 2018 13:56:33 GMT -5
Big name tech is getting crushed right now, market is looking for any reason to go lower. it's over. retrace time. (I am opinionated?) I just went over normal market price waves. Time for a retrace wave. Fibonacci sequence retraces and Waves wave two is .618 of wave 1. wave three is 1.618 x wave 1. wave four is .382 of wave 3. wave 5 = wave 2 |
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Post by peppy on Oct 29, 2018 15:24:33 GMT -5
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Post by mytakeonit on Oct 29, 2018 15:45:13 GMT -5
Hey, my avatar has 5 waves also. BTW, my price to volume statement didn't cover a ... no price change on low volume.  Must be a Monday. |
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Post by peppy on Oct 30, 2018 8:45:15 GMT -5
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Post by peppy on Oct 30, 2018 9:01:48 GMT -5
it looks like today could be the day price breaks out of this range, we will see. www.nasdaq.com/symbol/mnkd/real-time220,000 shares in 30 mins added, never mind. 344,199 shares traded real time at the one hour mark. |
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Post by peppy on Oct 30, 2018 15:31:16 GMT -5
it looks like today could be the day price breaks out of this range, we will see. www.nasdaq.com/symbol/mnkd/real-time220,000 shares in 30 mins added, never mind. 344,199 shares traded real time at the one hour mark. MNKD Nasdaq real time volume, 908,364 shares. MNKD Nasdaq summary volume, 1,600,296 shares. MNKD $1.78. +0.03. +1.71% www.nasdaq.com/symbol/mnkd |
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Post by mytakeonit on Oct 30, 2018 16:47:30 GMT -5
Glad that we didn't give back the 3 cents today.
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Post by peppy on Oct 31, 2018 9:32:52 GMT -5
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Post by xanet on Oct 31, 2018 11:02:44 GMT -5
OK, volume dried up and we drifted lower, but maybe buyers will return prior to close and push this thing up a little before earnings tomorrow.  |
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Post by awesomo on Oct 31, 2018 11:39:17 GMT -5
There's no real reason to buy into earnings, MNKD has never popped because of earnings.
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Must be a Monday.