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Post by jmanzao1 on May 4, 2015 1:34:25 GMT -5
DCA 1/2 before and 1/2 after earnings and CC
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Post by redraider on May 30, 2015 12:48:06 GMT -5
Several bullish technical indicators are showing up on my charts this week. Closed the week above the 38% Fibonacci retracement level between the high in February and low in May. Next fib level is $5.67. Plus the 10 day moving average is about to cross the 50 day moving average. The last time this happened in January the stock moved up about 28% in the span of about 12 days to hit the February high. If we get a similar move this would indicate a price of around $6.60 over the next several weeks. Again I want to stress that these technical indicators are no guarantee. But if you subscribe to technical analysis they do point to possible continued strength.
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Post by joeypotsandpans on May 30, 2015 13:24:46 GMT -5
Several bullish technical indicators are showing up on my charts this week. Closed the week above the 38% Fibonacci retracement level between the high in February and low in May. Next fib level is $5.67. Plus the 10 day moving average is about to cross the 50 day moving average. The last time this happened in January the stock moved up about 28% in the span of about 12 days to hit the February high. If we get a similar move this would indicate a price of around $6.60 over the next several weeks. Again I want to stress that these technical indicators are no guarantee. But if you subscribe to technical analysis they do point to possible continued strength. Welcome to the board...Texas Tech? I'm assuming ....I had mentioned in a post earlier this week that I would post something this weekend on this thread if it took hold, it didn't quite make it but sure is close. When looking at the large inverse H&S on the monthly charts the monthly candle for May shows a nice bullish reversal similar to a bullish "hammer". What it didn't quite make was an "outside" reversal where the high for the previous month would have been exceeded as well as the low from the previous month. Nevertheless, it was a bullish reversal and closed close to the highs (small wick above) but much longer wick below. This is in conjunction with many other indicators starting to show bullish signs as the ones you mention along with a slew of others. Taking it all into consideration along with the recent price action/volume correlations coupled with the SI situation and the rate continuing to increase, the accumulation is really putting critical pressure on the short side IMO. Something is about to give, I think without saying it most who have held for a fairly long time can albeit in a guarded fashion feel it. I would venture to say one should have their hands on their seat belts as to me it seems like the volatility is inevitably going to pick up (an injured bear is not usually a happy one) in the weeks ahead, ...most likely two steps ahead with one step back again IMO.
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Post by joeypotsandpans on Jun 4, 2015 9:44:09 GMT -5
Several bullish technical indicators are showing up on my charts this week. Closed the week above the 38% Fibonacci retracement level between the high in February and low in May. Next fib level is $5.67. Plus the 10 day moving average is about to cross the 50 day moving average. The last time this happened in January the stock moved up about 28% in the span of about 12 days to hit the February high. If we get a similar move this would indicate a price of around $6.60 over the next several weeks. Again I want to stress that these technical indicators are no guarantee. But if you subscribe to technical analysis they do point to possible continued strength. Welcome to the board...Texas Tech? I'm assuming ....I had mentioned in a post earlier this week that I would post something this weekend on this thread if it took hold, it didn't quite make it but sure is close. When looking at the large inverse H&S on the monthly charts the monthly candle for May shows a nice bullish reversal similar to a bullish "hammer". What it didn't quite make was an "outside" reversal where the high for the previous month would have been exceeded as well as the low from the previous month. Nevertheless, it was a bullish reversal and closed close to the highs (small wick above) but much longer wick below. This is in conjunction with many other indicators starting to show bullish signs as the ones you mention along with a slew of others. Taking it all into consideration along with the recent price action/volume correlations coupled with the SI situation and the rate continuing to increase, the accumulation is really putting critical pressure on the short side IMO.
Something is about to give, I think without saying it most who have held for a fairly long time can albeit in a guarded fashion feel it. I would venture to say one should have their hands on their seat belts as to me it seems like the volatility is inevitably going to pick up (an injured bear is not usually a happy one) in the weeks ahead, ...most likely two steps ahead with one step back again IMO.A confluence of factors has created this combustible mix, but two things stand out today IMO. We traded right through the 200 day MA "like a hot knife through butter" and we are now a buck away from the 6.80 mark....Matt may end up looking like a prophetic genius First things first, lets trade and hold the 200
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Post by BD on Jun 4, 2015 10:04:29 GMT -5
Not only have we moved above the 200DMA, but that curve seems to be right about at the inflection point from falling to rising. That part I really like.
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Post by joeypotsandpans on Jun 12, 2015 12:43:43 GMT -5
Welcome to the board...Texas Tech? I'm assuming ....I had mentioned in a post earlier this week that I would post something this weekend on this thread if it took hold, it didn't quite make it but sure is close. When looking at the large inverse H&S on the monthly charts the monthly candle for May shows a nice bullish reversal similar to a bullish "hammer". What it didn't quite make was an "outside" reversal where the high for the previous month would have been exceeded as well as the low from the previous month. Nevertheless, it was a bullish reversal and closed close to the highs (small wick above) but much longer wick below. This is in conjunction with many other indicators starting to show bullish signs as the ones you mention along with a slew of others. Taking it all into consideration along with the recent price action/volume correlations coupled with the SI situation and the rate continuing to increase, the accumulation is really putting critical pressure on the short side IMO.
Something is about to give, I think without saying it most who have held for a fairly long time can albeit in a guarded fashion feel it. I would venture to say one should have their hands on their seat belts as to me it seems like the volatility is inevitably going to pick up (an injured bear is not usually a happy one) in the weeks ahead, ...most likely two steps ahead with one step back again IMO.A confluence of factors has created this combustible mix, but two things stand out today IMO. We traded right through the 200 day MA "like a hot knife through butter" and we are now a buck away from the 6.80 mark....Matt may end up looking like a prophetic genius First things first, lets trade and hold the 200Nothing has changed a week later (except for a pickup in scripts), we came down and the last few trading sessions have tested the 200d MA and currently holding it into the close for the week. The short term was extremely overbought and the pullback was a nice relief of that condition, daily indicators have pulled back to levels from which to gather, consolidate and digest the gains from the repelled bottom. The longer term charts that have been referred to remain nicely intact and volume indicators continue to point to nice accumulation. For those of you collecting per diem interest, enjoy those profitable days this weekend and for the others that aren't in the lending programs keep the courage of your convictions for this life changing company! Make the most of your weekends everyone
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Post by trenddiver on Feb 16, 2016 11:46:26 GMT -5
It's been a long time since I have posted on this thread. For the first time in over a year, important technical indicators I follow have turned bullish. For those interested, the weekly MACD just went positive at same time the daily MACD is also positive. This won't be dispositive until the end of this week (hopefully the SP will hold at this level).
Trend
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Post by 4allthemarbles on Feb 16, 2016 12:10:28 GMT -5
Trend- good to hear from you. Let's hope everything goes as planned, maybe we can get some decent footing.
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Post by bradleysbest on Feb 16, 2016 12:35:40 GMT -5
The question is.....What is the plan?
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Post by trenddiver on Feb 16, 2016 13:13:33 GMT -5
The question is.....What is the plan? Well my plan is to add to my position if the share price is a $.99 or higher on close of business on Friday. Trend
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Post by avogadro on Feb 16, 2016 14:24:05 GMT -5
The question is.....What is the plan? "The best laid plans of mice and men oft go awry" (Bobby Burns). What will be the affect on MNKD of those many class action law suits, that are announced almost on a daily basis, start happening.
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Post by trenddiver on Feb 16, 2016 14:50:08 GMT -5
The question is.....What is the plan? "The best laid plans of mice and men oft go awry" (Bobby Burns). What will be the affect on MNKD of those many class action law suits, that are announced almost on a daily basis, start happening. No effect. Covered by insurance.
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Post by matt on Feb 16, 2016 15:32:46 GMT -5
"The best laid plans of mice and men oft go awry" (Bobby Burns). What will be the affect on MNKD of those many class action law suits, that are announced almost on a daily basis, start happening. All those class action suits become one suit very shortly (which is why there is a competition to represent the "lead plaintiff" as there can only be one). Then there is some procedural wrestling over whether the suit can go to trial or not, with about 50% dismissed at a Rule 12 hearing. Then the rest happens over a period of months and years.
As noted above, the legal fees and damages up to a certain amount are covered by insurance so little cash impact. The biggest cost is management time which has to be diverted to managing the legal process when the time is better spent on managing the business. The lawyers handle a lot of the paperwork, but management has to invest a lot of time they may not have.
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Post by cretin11 on Feb 16, 2016 23:12:51 GMT -5
The question is.....What is the plan? Well my plan is to add to my position if the share price is a $.99 or higher on close of business on Friday. Trend Trend, why is Friday the significant day for your decision? Is it options related?
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Post by trenddiver on Feb 17, 2016 1:28:15 GMT -5
Well my plan is to add to my position if the share price is a $.99 or higher on close of business on Friday. Trend Trend, why is Friday the significant day for your decision? Is it options related? The weekly MACD is calculated as of the close of business on Friday.
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