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Post by mayday on Aug 9, 2023 16:33:51 GMT -5
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Post by geomean on Aug 10, 2023 6:16:04 GMT -5
Hey all!. Hope you're doing well. It's been a while, but doing a little review this morning of the portfolio thinking of raising some cash. Ah, Mannkind's turn as a candidate for review. Naw, no cash raise here. Gotta hold. Love the chart wedge, the cup and handle, and the Fibonacci price extensions. Caught between the lines and building cause. Could take longer to break out -perseverance furthers. It's broken through the very long-term resistance line. Here's what I'm looking at on the monthly.  |
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Post by dh4mizzou on Aug 10, 2023 6:24:46 GMT -5
geomean,
Sorry but you could have put up a Rorschach Test and it would have made as much sense to me.
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Post by geomean on Aug 10, 2023 6:31:13 GMT -5
Here's the weekly chart. It's indicating upward price exhaustion. The DeMark Sequential 13 sell signal will likely print at the close of the week and price bounced off of the upper wedge line. More waiting here. Maybe a couple of months which is in accordance with the general market outlook.  |
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Post by prcgorman2 on Aug 10, 2023 6:32:32 GMT -5
Hey all!. Hope you're doing well. It's been a while, but doing a little review this morning of the portfolio thinking of raising some cash. Ah, Mannkind's turn as a candidate for review. Naw, no cash raise here. Gotta hold. Love the chart wedge, the cup and handle, and the Fibonacci price extensions. Caught between the lines and building cause. Could take longer to break out -perseverance furthers. It's broken through the very long-term resistance line. Here's what I'm looking at on the monthly. If you like it, I like it. I always enjoy the technical analysis talk between you and peppy, et al, although I understand almost none of it |
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Post by geomean on Aug 10, 2023 6:48:02 GMT -5
Here's the daily chart with the indicators I use. It shows a sell set up 9 completed yesterday, but no countdown has completed. I added the Williams Alligator indicator at the bottom. The "jaws" are wide open. There's a lot of momentum here. Again, although short term relative weakness appears to be in the cards, yesterday was a first test of the line - the earnings beat yesterday set the table for more tests and a breakthrough of the line.  |
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Post by cjc04 on Aug 10, 2023 12:16:50 GMT -5
Here's the daily chart with the indicators I use. It shows a sell set up 9 completed yesterday, but no countdown has completed. I added the Williams Alligator indicator at the bottom. The "jaws" are wide open. There's a lot of momentum here. Again, although short term relative weakness appears to be in the cards, yesterday was a first test of the line - the earnings beat yesterday set the table for more tests and a breakthrough of the line. great convo and info, thank you. If you don’t mind, I’d like your opinion on something… So we know technicals are only as good as the companies fundamentals. Well with this blow out earnings, we know the fundamentals are now there. It is my hope that this earnings beat is accelerating everyone’s estimates for the next few quarters, which will push us into a new trading range. Since we broke out in November of 2020, we have been between $2.60 ish to $5.70 ish. As you said, with this earnings beat we again tested the top. That breakout monthly candle is beautiful, and I hope it propels past $6.00 and into a new trading range. 1st, do you and the technicals agree with that idea? But more importantly, what do you think that new trading range might be? Thank you in advance |
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Post by LongMNKD on Aug 10, 2023 13:59:47 GMT -5
Those 2025 calls are very tempting, given the revenue acceleration i know we will be having over the next year. does anyone have any expectations on dilution to pay debt and when it could be expected? Thats the only downside catalyst i can see aside from a trial mishap.
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rebby
Researcher
Posts: 79
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Post by rebby on Aug 10, 2023 14:04:11 GMT -5
Those 2025 calls are very tempting, given the revenue acceleration i know we will be having over the next year. does anyone have any expectations on dilution to pay debt and when it could be expected? Thats the only downside catalyst i can see aside from a trial mishap. As others have stated on this board, that information is known and should be baked into the current SP, there should be little to no impact going forward. |
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Post by ktim on Aug 10, 2023 15:11:18 GMT -5
Those 2025 calls are very tempting, given the revenue acceleration i know we will be having over the next year. does anyone have any expectations on dilution to pay debt and when it could be expected? Thats the only downside catalyst i can see aside from a trial mishap. The share overhang is given in just issued 10Q... I believe it's page 20 if my old brain is remembering correctly. I believe the number is 73M shares. Much of the shares are tied to convertible debt, which you should also find maturation dates in the 10Q. |
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Post by cretin11 on Aug 10, 2023 15:59:37 GMT -5
Those 2025 calls are very tempting, given the revenue acceleration i know we will be having over the next year. does anyone have any expectations on dilution to pay debt and when it could be expected? Thats the only downside catalyst i can see aside from a trial mishap. As others have stated on this board, that information is known and should be baked into the current SP, there should be little to no impact going forward. Yes. As much as some folks here generally don't like hearing "priced in" this is one instance where nobody minds. |
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Post by peppy on Aug 10, 2023 17:12:28 GMT -5
Of all the charts it is the daily that is looking the best to my eyeballs, take a look. MNKD Daily, schrts.co/jfxmivTJSo far a regular pull back on the price increase to my eyeballs. So far it is looking like it could break up. People that read this thread know I am a Monthly, weekly, daily girl. The monthly is set up. schrts.co/EGYZsuZiThe weekly not as pretty. schrts.co/nImqGAFPIt is zeroing down to the daily chart, I see a pump. We will see. Hello geomean, I got the magnifying glass out to look at the Fibs on the Monthly. Thank you for the work.  and thank you for popping up. |
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Post by cedafuntennis on Aug 10, 2023 18:49:15 GMT -5
To my eyeballs, the Daily and Monthly look overbought based on RSI and MACD. The Weekly looks best to me at this time. Long term, these overbought signals are noise but they may signal additional pullbacks short term.
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Post by peppy on Aug 10, 2023 19:43:09 GMT -5
To my eyeballs, the Monthly MACD is over the 0 line and positive however so slightly. Joey told me to keep track of the on balance volume, check. The monthly RSI is fine. See RSI monthly has been running above 50 for roughly two years, that is strength. schrts.co/wAPtrUDbI am a pattern girl, and now we watch the volume. The volume on this months up bar is greater than the volume on last months up bar and it is only the 10 day of the month. MNKD is going to break up. The UTHR Monthly chart schrts.co/QJeFFXjuBet on it. Added, it looks like the 20 month will go up through the 100 month also. |
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Post by cedafuntennis on Aug 10, 2023 19:56:39 GMT -5
I love reading your interpretation peppy; thank you. Agreed that the OBV is looking good but that is a med-long term indicator as we have seen with MNKD. The OBV can be high and the PPS can still drop 40% in very short order...
Daily MACD for MNKD is the highest it's been in months and due for a correction. The RSI was also at the top and now it is trending back down below the overbought threshold.
Bet on it you say? Well, more than 60% of my net worth is in MNKD and has been for the last 6 years, so I'd say I am betting on it. I was just pointing out the short-term possibility of a correction here, but that would be healthy now that the company is firing on all cylinders with more cylinders to come online courtesy of Danbury expansion and UTHR new factory.
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and thank you for popping up.