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Post by BD on Aug 30, 2024 12:58:00 GMT -5
Well, not sure where you got that but I do not begrudge MC needing some liquidity. The market seems to agree, as MNKD hasn't tanked (yet).
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Post by prcgorman2 on Aug 30, 2024 14:07:27 GMT -5
Not following. Did you mean to post in the "Form 144 thread"?
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Post by peppy on Aug 30, 2024 14:22:05 GMT -5
You know, I'd be perfectly happy just to see it stay over $6 through EOY. Don't be greedy! That is not the way this chart pattern works. Use the UTHR daily as your template. With any luck MNKD share price will be at $12 by EOY. Strange side note..... The kinks, popped up on my tube tube screen today, the song showing was LOLA. I do not like the subject matter however, I find myself singing along. Happy Labor Day weekend everyone. |
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Post by Chris-C on Aug 30, 2024 14:33:59 GMT -5
Wow, Peppy. I haven't heard that song in ages. That's an oldie. It was a bit ahead of its time.  Thanks for sharing. GLTAL! Chris C PS. I'll be quite happy if your chart prediction gets us to 10+ End of year. |
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*** 6 ***
Aug 30, 2024 17:40:55 GMT -5
via mobile
Post by cretin11 on Aug 30, 2024 17:40:55 GMT -5
For the past six or seven years, the charts have had us to $12 by end of year “with any luck.”
Apparently we’ve had an amazingly improbable streak of years with no luck. Statistically speaking, we are severely overdue for “any luck” so this must be the year we get back above $12! 🥳🤩
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Post by BD on Aug 30, 2024 17:53:19 GMT -5
I think it's precisely the statistics that would say this is NOT that year lol. But you know what they say about lies, damn lies, etc...
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Post by ktim on Aug 30, 2024 17:58:26 GMT -5
More than doubling in a little over 4 months... wow, that would be amazing. Think that would require something way beyond luck.
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Post by wyattdog on Aug 30, 2024 18:50:31 GMT -5
I agree and give it 6 months since we just about doubled in price since the low of 3.17 on 2/5 /24😊
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Post by peppy on Aug 30, 2024 19:02:13 GMT -5
It is a trade, with a tight stop and a target.
The first pretty good up trade that has presented for MNKD in years.
We can all see the trade, the trigger. These trades can fail.... the stop. The target?
A cleaner cup and handle is the one UTHR put in, price broke through the top of the cup.
This is a triangle that made what resembles a handle. A break, a trigger,
A bet.
These set ups as far as I know are fast.
Triangles in general are fast.
It is a risk reward. No one has to believe it. It is the deal of a hand at a table. Get a grip people.
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Post by BD on Aug 30, 2024 19:19:26 GMT -5
Since this presents such a great technical setup, are you trading on it? If so, just as a suggestion (and you have zero obligation to do it, and I would not at all fault you for choosing not to), perhaps you can describe your trade (don't need to tell us how many shares), and how it works out or gets stopped out? An actual example of a trade (or trades) will go a longer way to show how a trader thinks than just describing every interesting setup you see but don't act on.
Just sayin'.
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Post by peppy on Aug 30, 2024 19:40:54 GMT -5
Since this presents such a great technical setup, are you trading on it? If so, just as a suggestion (and you have zero obligation to do it, and I would not at all fault you for choosing not to), perhaps you can describe your trade (don't need to tell us how many shares), and how it works out or gets stopped out? An actual example of a trade (or trades) will go a longer way to show how a trader thinks than just describing every interesting setup you see but don't act on. Just sayin'. I am fully invested, I own plenty of MNKD. The trade as it presents. let's look at it together. I am open to all suggestion from the board on the trade. The trigger was $5.76/$5.77. seen best on the weekly. I have been watching for the volume increase on the trigger, and that was a check. high volume as seen on the daily. Also there was a continuation the next day, check, on high volume, check. Then today a stall, on lower volume, price what 11 cents from 6 year highs..... The stop, these are always difficult, if price doesn't hold $5.75 it is a failure. Off the daily, I might put in $5.50, and move it up with the trade. Weekly. schrts.co/bIrxQZZs Daily. schrts.co/YuWBztjN One more crazy little side note, this monthly candle an outside candle, schrts.co/bxnNIkuT outsulin and insulin.... I have always heard on these trades there is a shake out UTHR Monthly.... mama, I am coming home. See the umbilical cord? (I hope ) schrts.co/UZAkGXHU . . |
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*** 6 ***
Aug 30, 2024 20:48:07 GMT -5
via mobile
Post by cretin11 on Aug 30, 2024 20:48:07 GMT -5
Just curious, do you ever place trades on these chart revelations? Good Ozzy tune, BTW 😄
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Post by peppy on Aug 30, 2024 20:50:56 GMT -5
Just curious, do you ever place trades on these chart revelations? Good Ozzy tune, BTW 😄 Damn good set up isn't it? I really like the monthly. weehaw. Look left. price is going to retrace that wedge. to $12, because 12 is what I have. |
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rebby
Researcher
Posts: 73
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Post by rebby on Aug 30, 2024 21:08:35 GMT -5
Peppy - your charting is appreciated. I find it fascinating to learn about charts, triggers, etc…especially when it’s supported by fundamentals!
I’m also heavily invested, so I’m not adding more to my stake but the opportunity for discussion that you present is awesome!
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Post by ktim on Aug 30, 2024 21:19:49 GMT -5
How does one justify $12/sh on fundamentals?
I can't contribute anything regarding patterns in charts so perhaps that actually indicates $12 in 6 months... though that would be sky high P/E even on optimistic forward earnings basis.
Is there anyone that would really take an even money bet that we'll cross $12 in 6 months?
I think TA can be good for timing entries and exits of stocks when the indicators are reasonable consistent with fundamentals.
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