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Post by babaoriley on Mar 13, 2015 15:56:25 GMT -5
Another Friday close right at or very near an expiring option strike price.
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Post by mnholdem on Mar 13, 2015 18:36:19 GMT -5
Yeah? Well, tell 'em to pick a strike price closer to $10 next time, will 'ya?
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Post by trenddiver on Mar 30, 2015 16:10:52 GMT -5
For those interested in technical indicators, the shorter term daily indicators are showing constructive readings. Although the weekly indicators are mixed, a couple of up days could turn those indicators up. Although maybe a little speculative, this could be a decent buying opportunity for those who still have funds to invest or those looking to take a position.
Trend
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Post by joeypotsandpans on Apr 1, 2015 11:28:09 GMT -5
For those interested in technical indicators, the shorter term daily indicators are showing constructive readings. Although the weekly indicators are mixed, a couple of up days could turn those indicators up. Although maybe a little speculative, this could be a decent buying opportunity for those who still have funds to invest or those looking to take a position. Trend To further what Trend wrote, the relative strength on this trickle down is diverging from the last time we got down to the low 5's which makes sense when you look at the anemic volume on these last few days. This is one of the confirmations that I put a lot of weight on when looking for a trend reversal or the nearing an end to wave. The daily stochastics crossed and turned up about a week ago from oversold levels the day we hit 5.03 for the low...these to me are signs we are within a very short time frame from getting this leg washed out and "resurrecting" (how appropriate this time of year) imo  |
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Post by joeypotsandpans on Apr 23, 2015 11:22:32 GMT -5
For those interested in technical indicators, the shorter term daily indicators are showing constructive readings. Although the weekly indicators are mixed, a couple of up days could turn those indicators up. Although maybe a little speculative, this could be a decent buying opportunity for those who still have funds to invest or those looking to take a position. Trend To further what Trend wrote, the relative strength on this trickle down is diverging from the last time we got down to the low 5's which makes sense when you look at the anemic volume on these last few days. This is one of the confirmations that I put a lot of weight on when looking for a trend reversal or the nearing an end to wave. The daily stochastics crossed and turned up about a week ago from oversold levels the day we hit 5.03 for the low... these to me are signs we are within a very short time frame from getting this leg washed out and "resurrecting" (how appropriate this time of year) imo Let's take a look at On Balance Volume, when looking at this indicator of strength of a trend and divergences it plays right into the "borrowed" decline that has taken place the last several weeks during this quiet period. Here is the explanation of how it works: en.wikipedia.org/wiki/On-balance_volumeessentially it takes the closing price and assigns a + or - to total volume for that particular closing day and then it is plotted on a graph. I have mentioned the 10yr. chart for MNKD and the large potential H&S (head and shoulders) pattern that looked to be forming...well coinciding with that, the period leading up to now with the s/p decline if you pull up the OBV, you can see a distinct divergence with the rise in OBV as opposed to the decline in s/p...what this is saying IMO is that clearly the drop in price from the time of the GS call is not being met with real selling rather validates the imbalance due to "borrowed" selling. I personally have left my last gun powder for what could be construed as a final swoosh (fwiw, I voted a possible final retest of the 200 week MA currently sitting at approx. 4.56 area in the poll) to complete the last shoulder albeit a tad shorter than the first one. The shorts are/were hopeful it would be an even dip and thus the constant suggestions of $2.50-$3.00 and in an ideal world for them that would occur...but that is wishful thinking IMO on their part. That is where TA can pull the rug out from under a thesis as it is not an exact method of predicting but some get caught in the hopes it is. When this leg down completes and I am still in the camp of within a relatively (relative meaning weeks rather than months) short time frame, we should be set up for the nice uptrend most longs have been waiting for IMO fwiw. To view the chart for those that have access to the 10yr. chart (TD is where I pulled mine) select OBV for lower indicator. |
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Post by joeypotsandpans on Apr 23, 2015 13:16:40 GMT -5
Let's take a look at On Balance Volume, when looking at this indicator of strength of a trend and divergences it plays right into the "borrowed" decline that has taken place the last several weeks during this quiet period. Here is the explanation of how it works: en.wikipedia.org/wiki/On-balance_volumeessentially it takes the closing price and assigns a + or - to total volume for that particular closing day and then it is plotted on a graph. I have mentioned the 10yr. chart for MNKD and the large potential H&S (head and shoulders) pattern that looked to be forming...well coinciding with that, the period leading up to now with the s/p decline if you pull up the OBV, you can see a distinct divergence with the rise in OBV as opposed to the decline in s/p...what this is saying IMO is that clearly the drop in price from the time of the GS call is not being met with real selling rather validates the imbalance due to "borrowed" selling. I personally have left my last gun powder for what could be construed as a final swoosh (fwiw, I voted a possible final retest of the 200 week MA currently sitting at approx. 4.56 area in the poll) to complete the last shoulder albeit a tad shorter than the first one. The shorts are/were hopeful it would be an even dip and thus the constant suggestions of $2.50-$3.00 and in an ideal world for them that would occur...but that is wishful thinking IMO on their part. That is where TA can pull the rug out from under a thesis as it is not an exact method of predicting but some get caught in the hopes it is. When this leg down completes and I am still in the camp of within a relatively (relative meaning weeks rather than months) short time frame, we should be set up for the nice uptrend most longs have been waiting for IMO fwiw. To view the chart for those that have access to the 10yr. chart (TD is where I pulled mine) select OBV for lower indicator. ^^^should read... and the large potential INVERSE H&S (head and shoulders) pattern that looked to be forming....sorry was past the edit time frame. |
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Post by jpg on Apr 23, 2015 23:21:50 GMT -5
Sounds complicated but still interesting!
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Post by mnholdem on Apr 24, 2015 7:16:20 GMT -5
Sure would be nice if the right shoulder (or is it left when you view the inverse) would return to $20/share from 2006. That was before dilution, of course, but if it happens I'll draw a happy face on that completed head & shoulders (chuckle).
I also notice the 2010-2014 time period (using 10 Yr Graph by Week) also depicts a near perfect Inverse H&S pattern with its start/end just above $10. This makes me wonder whether we have come to the end of a cycle and the stock price is now preparing to go somewhere entirely new, like upward to setup a new base camp in the teen$, perhaps? It certainly seems like MNKD is at a threshold of sorts.
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Post by joeypotsandpans on Apr 27, 2015 9:56:19 GMT -5
To further what Trend wrote, the relative strength on this trickle down is diverging from the last time we got down to the low 5's which makes sense when you look at the anemic volume on these last few days. This is one of the confirmations that I put a lot of weight on when looking for a trend reversal or the nearing an end to wave. The daily stochastics crossed and turned up about a week ago from oversold levels the day we hit 5.03 for the low... these to me are signs we are within a very short time frame from getting this leg washed out and "resurrecting" (how appropriate this time of year) imo Let's take a look at On Balance Volume, when looking at this indicator of strength of a trend and divergences it plays right into the "borrowed" decline that has taken place the last several weeks during this quiet period. Here is the explanation of how it works: en.wikipedia.org/wiki/On-balance_volumeessentially it takes the closing price and assigns a + or - to total volume for that particular closing day and then it is plotted on a graph. I have mentioned the 10yr. chart for MNKD and the large potential H&S (head and shoulders) pattern that looked to be forming...well coinciding with that, the period leading up to now with the s/p decline if you pull up the OBV, you can see a distinct divergence with the rise in OBV as opposed to the decline in s/p...what this is saying IMO is that clearly the drop in price from the time of the GS call is not being met with real selling rather validates the imbalance due to "borrowed" selling. I personally have left my last gun powder for what could be construed as a final swoosh (fwiw, I voted a possible final retest of the 200 week MA currently sitting at approx. 4.56 area in the poll) to complete the last shoulder albeit a tad shorter than the first one. The shorts are/were hopeful it would be an even dip and thus the constant suggestions of $2.50-$3.00 and in an ideal world for them that would occur...but that is wishful thinking IMO on their part. That is where TA can pull the rug out from under a thesis as it is not an exact method of predicting but some get caught in the hopes it is. When this leg down completes and I am still in the camp of within a relatively (relative meaning weeks rather than months) short time frame, we should be set up for the nice uptrend most longs have been waiting for IMO fwiw. To view the chart for those that have access to the 10yr. chart (TD is where I pulled mine) select OBV for lower indicator. For those following: I have my final limit buy order in on MNKD |
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Post by engineer4life on Apr 27, 2015 10:08:27 GMT -5
I bought my final batch today.
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Post by brentie on Apr 27, 2015 10:20:01 GMT -5
I bought my final batch today. I've been saying that for years, I bought another final batch last week. |
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Post by mnkdorbust on Apr 27, 2015 10:24:13 GMT -5
I keep waiting for the MNKD anonymous groups to show up in my area. Did the same as well both last week and today. Buying on sale is getting expensive!
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Post by cjc04 on Apr 27, 2015 10:35:34 GMT -5
I've got an itchy trigger finger to make ANOTHER "final purchase"...... What's bothering me though is the low volume. If not obvious capitulation, I would think we'd be higher than we are if we're bottoming.
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Post by joeypotsandpans on Apr 27, 2015 10:59:14 GMT -5
Taking a look at SNY today, it is up nicely (makes one wonder if the shorts are hedging via SNY) and has filled the gap left last Oct. when it sold off heavily on a gap down. If you look at the 50d ma it is about to cross the 200d ma (the proverbial "golden cross") so coinciding with their earnings report/conference call should be interesting to see how their s/p continues to act.
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Post by gomnkd on Apr 27, 2015 11:11:27 GMT -5
Not just MNKD, most of biotechs are down. CLDN is sending shockwaves
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