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Post by peppy on Jan 6, 2023 16:23:49 GMT -5
MNKD Nasdaq real time volume, 3,096,869 shares. MNKD Nasdaq summary volume, 3,076,494 Avg. Volume 4,487,225 $4.96. +0.02 (+0.40%) Weekly charts. Look where the 20 week moving averages are compared to where price is. MNKD. schrts.co/MampmYGJ$COMPQ. a double bottom of sorts and a higher weekly low. schrts.co/KIKKAnieNow we can start seeing weekly divergences on the MACD. which usually means look for price to test the 20 period on the chart, this is a weekly, so the 20 week.
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Post by stockwhisperer on Jan 6, 2023 19:23:13 GMT -5
So, am I understanding this correctly… the 20 week that it might retest is $4.04? If so, in what timeframe might it retest? Would that be unusual in light of no bad news of any kind and MC speaking at the JPM Conf this week? Thank you
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Post by ryster505 on Jan 6, 2023 20:04:28 GMT -5
What an absolute gift at this stage $4.04 would be. I would take full advantage of that.
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Post by stockwhisperer on Jan 6, 2023 20:16:59 GMT -5
Really, guess it is all relative. Personally, after being an investor since FDA approval of Afrezza, I am looking forward to… no more share price gifts.
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Post by mymann on Jan 6, 2023 20:36:07 GMT -5
So sell and buy back when it hits $4.04? What happened to $6 next week and moving fast to $12, $22? I'm getting discouraged again.
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Post by Chris-C on Jan 6, 2023 21:42:43 GMT -5
I was getting the impression that we were past the game playing volatility of this stock. I guess not. It is discouraging.
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Post by stockwhisperer on Jan 6, 2023 22:01:43 GMT -5
Well, it’s a chart so, it is not in stone. News should matter. This week could be good. Since I am not a chart person but certainly appreciate all that Peppy does to follow & explain them, I am interested in her opinions on this. For example, she mentioned it could revisit the 20 week. At least that was my interpretation. She did not say a dollar amount or that it would definitely go back there. I certainly hope it does not but I am not getting discouraged. In general, I am more encouraged than ever.
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Post by akemp3000 on Jan 6, 2023 22:24:32 GMT -5
This is a head fake if there ever was one. The pps drops without any negativity whatsoever. Stay tuned. This will pass very quickly.
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Post by runner on Jan 6, 2023 23:35:25 GMT -5
Suggestion, stop watching the pot while waiting for it to boil, much less frustrating 😊😉 I get what you are saying Joey, but staying above the $5 mark for several more days would’ve made a lot of difference leading up to Mike’s JP Morgan presentation next week. I still feel that if we stayed above $5 until the JPM presentation next week it was an important signal to the market. Now all of a sudden, the talk here is about drifting closer to $4 a share.
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Post by prcgorman2 on Jan 6, 2023 23:45:38 GMT -5
Shorting, speculation, fundamentals, and technicals playing with relatively lighter volume. The apparent strategic accumulation in the last quarter is paused. So be it. If news happens, I expect it to be welcome, and not otherwise. Not because bad news is not possible, but just that Mannkind have been working to get to where they are and where they are going from where they were, so I’m optimistic. And, I think everyone on this board agrees we have reason to be optimistic about 4Q results and the next several quarters results. Still a penny stock, but I think we’re only here for a bit longer. I’ve waited this long. What’s another few quarters? Happy New Year.
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Post by runner on Jan 7, 2023 0:17:09 GMT -5
“And, I think everyone on this board agrees…”
Ramble on…cue the song!
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Post by prcgorman2 on Jan 7, 2023 1:03:18 GMT -5
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Post by runner on Jan 7, 2023 1:23:10 GMT -5
Monday, Monday so good to me…
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Post by letitride on Jan 7, 2023 1:29:23 GMT -5
Expecting high volatility this year, 30 million shorts need to get out and or reset much higher. Looking forward to some wild swings to make that happen.
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Post by mnlearner on Jan 7, 2023 10:43:27 GMT -5
"Chain, chain, chain... m.youtube.com/watch?v=o0s5CP2kXsc" SING IT TO ME ARETHA! Lady can sing [but let's hope she is wrong for the longs!]
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