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Post by peppy on Oct 19, 2021 11:46:17 GMT -5
MNKD volume at half day of trade. real time, 1,610,023 summary, 2,812,120 Avg. Volume 2,840,050
The average volume has gone up. A days volume has been met at the half. $4.1756. +0.0156. (+0.38%) As of 12:42PM EDT. Market open.
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Post by stockwhisperer on Oct 19, 2021 13:04:53 GMT -5
What does the current chart show for support & resistance or is it to soon to tell. Also, read a gap to the $5.06ish range needs to be filled. In your opinion, does that seem accurate and if so, without any additional upside news, could it happen soon? Thanks
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Post by peppy on Oct 19, 2021 13:28:06 GMT -5
What does the current chart show for support & resistance or is it to soon to tell. Also, read a gap to the $5.06ish range needs to be filled. In your opinion, does that seem accurate and if so, without any additional upside news, could it happen soon? Thanks I can answer some of that. We want the $4.05 to hold. Beyond that, if that slips like boca was thinking the last swing low prior, which is $3.79. The weekly, so we can see. Stablization today is good. Perhaps because UTHR got the label and... blah blah blah, the rest are content to hold. The market seems to be tolerating this? The gap... yes, hell, price is stable, allow me to show you a price that was unstable after news. It just kept falling and there wasn't bad news.
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Post by peppy on Oct 19, 2021 15:14:48 GMT -5
MNKD volume at half day of trade. real time, 1,610,023 summary, 2,812,120 Avg. Volume 2,840,050 The average volume has gone up. A days volume has been met at the half. $4.1756. +0.0156. (+0.38%) As of 12:42PM EDT. Market open. MNKD Nasdaq real time volume, 2,936,353 shares. MNKD Nasdaq summary volume, 4,804,349 shares. $4.15. -0.01. (-0.24%) At close: 4:00PM EDT Support $4.05, Resistance $4.25. The same bottom line, price back inside, and an inside day. Top line adjustment. Looked to me, price was being supported at @ $4.15 today.
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Post by stockwhisperer on Oct 19, 2021 15:49:35 GMT -5
Peppy, Thank you - much appreciated!
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Post by ktim on Oct 19, 2021 18:20:11 GMT -5
I'm in a bit of wait and see mode, but thinking seriously about starting to sell some puts again. That's a halfhearted bullish trade for someone that thinks we might have a new floor but isn't super confident of it.
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Post by prcgorman2 on Oct 20, 2021 6:50:16 GMT -5
Solid volume and virtually no SP movement AT ALL. Unbelievable. Or should I say, “That’s MNKD for you.”? UTHR rebounded the next day and gained back more than half of the drop. But MNKD? Bupkis. “Shenanigans” is right. There was buy pressure and it looked like MMs and shorts kept it flat. I think there’s a floor.
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Post by BD on Oct 20, 2021 8:41:52 GMT -5
Solid volume and virtually no SP movement AT ALL. Unbelievable. Or should I say, “That’s MNKD for you.”? UTHR rebounded the next day and gained back more than half of the drop. But MNKD? Bupkis. “Shenanigans” is right. There was buy pressure and it looked like MMs and shorts kept it flat. I think there’s a floor. Why does it have to be shenanigans (beyond the usual shenanigans)? As I understand it, the CRL impacts MNKD more than UTHR, and we're looking at a multi-month delay of something that IMO had been priced in during the recent run-up. Honestly, I'm surprised MNKD hasn't continued to tank more. I'm not even thinking about trying to trade it at this particular juncture.
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Post by peppy on Oct 20, 2021 8:44:32 GMT -5
Any body notice volume is huge today for MNKD?
538,908 in 14 mins. Avg. Volume 2,865,730
4.1894+0.0394 (+0.9494%) As of 9:44AM EDT. Market open.
added, volume at 30 mins of trade, real time, 468,218 summary, 702,354
4.1550+0.0050 (+0.1205%) As of 10:01AM EDT. Market open.
MNKD volume at 1 hour of trade. real time, 627,983 summary, 952,686
4.1950 +0.0450 (+1.0843%) As of 10:30AM EDT. Market open.
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Post by lakon on Oct 20, 2021 9:04:47 GMT -5
Let the market makers take 'er down. It's a gift if you believe. Just BUY BUY BUY when she hits bottom and HODL!
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Post by joeypotsandpans on Oct 20, 2021 9:32:11 GMT -5
Solid volume and virtually no SP movement AT ALL. Unbelievable. Or should I say, “That’s MNKD for you.”? UTHR rebounded the next day and gained back more than half of the drop. But MNKD? Bupkis. “Shenanigans” is right. There was buy pressure and it looked like MMs and shorts kept it flat. I think there’s a floor. Why does it have to be shenanigans (beyond the usual shenanigans)? As I understand it, the CRL impacts MNKD more than UTHR, and we're looking at a multi-month delay of something that IMO had been priced in during the recent run-up. Honestly, I'm surprised MNKD hasn't continued to tank more. I'm not even thinking about trying to trade it at this particular juncture. It's funny how words and terms are used to illustrate one's perspective. Excuse me for using a couple of appropriate cliches that apply here but they obviously are applicable. Half full vs. Half empty, and, that's what makes a market. The key word being "trade" which defines YOUR perspective. In that regard you're correct, the delay has a relative short term effect in trying to pinch pennies...as I mentioned recently, the sp is up a tremendous percentage from a year ago if one were longer term perspective (investor as opposed to trader) some are both, take a core position and then a trading position around/against that core position. "Honestly, I'm surprised it hasn't tanked more" Again perspective from the headline news release, however, some longer term investors read the release as half full...The manufacturing plant is just fine and as UTHR explained, they were pleased with some of the verbiage in the CRL. So I would imagine, those investors are waiting to see where the sp puts in a bottom on this excuse for a pullback. "The CRL impacts MNKD more than UTHR", I guess you can look at it that way or you can look at it from the perspective that indirectly the CRL continues to validate Technosphere 🤷🏻♂️....and that my friend is what makes a market IMO 😉
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Post by peppy on Oct 20, 2021 9:51:57 GMT -5
Any body notice volume is huge today for MNKD? 538,908 in 14 mins. Avg. Volume 2,865,730 4.1894+0.0394 (+0.9494%) As of 9:44AM EDT. Market open. added, volume at 30 mins of trade, real time, 468,218 summary, 702,354 4.1550+0.0050 (+0.1205%) As of 10:01AM EDT. Market open. MNKD volume at 1 hour of trade. real time, 627,983 summary, 952,686 4.1950 +0.0450 (+1.0843%) As of 10:30AM EDT. Market open. $4.30 and $4.38 takes out this weeks highs. Volume is high. 1,399,391 in 1 hour and 20 mins. Avg. Volume 2,865,730 4.2800+0.1300 (+3.13%) As of 10:52AM EDT. Market open. added, 1 million real time shares at 1 hour and 45 mins. Volume is high
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Post by peppy on Oct 20, 2021 11:14:13 GMT -5
Solid volume and virtually no SP movement AT ALL. Unbelievable. Or should I say, “That’s MNKD for you.”? UTHR rebounded the next day and gained back more than half of the drop. But MNKD? Bupkis. “Shenanigans” is right. There was buy pressure and it looked like MMs and shorts kept it flat. I think there’s a floor. Why does it have to be shenanigans (beyond the usual shenanigans)? As I understand it, the CRL impacts MNKD more than UTHR, and we're looking at a multi-month delay of something that IMO had been priced in during the recent run-up. Honestly, I'm surprised MNKD hasn't continued to tank more. I'm not even thinking about trying to trade it at this particular juncture.Or, Everyone can read, it is approved, it got a label. UTHR/MNKD know the label. Because of the price action, yesterday, today, it looks like it is being bought, a "Everybody Knows", situation? s1.q4cdn.com/284080987/files/doc_downloads/2021/10/2021-10-18-DPI-PDUFA-final-FORMATTED.pdf
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Post by celo on Oct 20, 2021 11:22:40 GMT -5
It could be a much longer handle to the cup then was first anticipated. More like a skillet handle than a coffee cup handle.
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Post by peppy on Oct 20, 2021 11:25:20 GMT -5
It could be a much longer handle to the cup then was first anticipated. More like a skillet handle than a coffee cup handle. Damn, another post. I could not resist. A frying pan
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