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Volume too
Sept 5, 2017 12:23:04 GMT -5
via mobile
Post by sportsrancho on Sept 5, 2017 12:23:04 GMT -5
I only see two greens on my entire screen....MNKD & GLD (SPDR Gold Shares)....aren't they one and the same!?  ....oh the irony of the markets. MNKD and LL for me:-) |
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Post by mango on Sept 5, 2017 12:28:24 GMT -5
volume has slowed down. 1,612,892 shares traded in 2 1/2 hours. It looks like a new triangle could be forming. 2.29 the top. minus 1.85 the bottom = .44. It looks like the point of break out is @ a break and hold of $2.12. $2.12 plus .44 = $2.56. I don't see it happening today. we will see.  |
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Post by peppy on Sept 5, 2017 15:11:33 GMT -5
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Post by peppy on Sept 6, 2017 8:28:12 GMT -5
the latest triangle. The point of break out changed. break and hold of $2.08? 2.08 + .44 = 2.52 a new triangle could be forming. 2.29 the top. minus 1.85 the bottom = .44. It looks like the point of break out is @ a break and hold of $2.12.
$2.12 plus .44 = $2.56.
Added: 3 minute mnkd real time volume 195,712 shares. MNKD has volume. $2.13.
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Post by peppy on Sept 6, 2017 8:54:07 GMT -5
looks like a pattern failure, $2.08 did not hold.
481,347 shares real time in 22 mins.
I will recalibrate the triangle lines on a failure.
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Post by dreamboatcruise on Sept 6, 2017 9:26:43 GMT -5
Seems IBB is behaving badly today.
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Post by straightly on Sept 6, 2017 12:27:13 GMT -5
looks like a pattern failure, $2.08 did not hold. 481,347 shares real time in 22 mins. I will recalibrate the triangle lines on a failure. It looked and I felt that there is a support ariubd 2, can your tool confirm that? |
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Post by peppy on Sept 6, 2017 12:37:11 GMT -5
looks like a pattern failure, $2.08 did not hold. 481,347 shares real time in 22 mins. I will recalibrate the triangle lines on a failure. It looked and I felt that there is a support ariubd 2, can your tool confirm that? my only tool is my eyeballs. price sure is hanging around 2 dollars. still working through it my take. Volume has fallen off totally. $2.05 to $2.10 the oct nov lows of 2016. Here we are. I do think MNKD is going to continue up. Not today.
What is your take straightly?
added: yes, sports, the 200 day. hopefully price is working it's way through the 200 day.
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Post by sportsrancho on Sept 6, 2017 12:58:48 GMT -5
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Post by joeypotsandpans on Sept 6, 2017 13:44:10 GMT -5
I would generally agree if there were liquidity, however, this stock has been washed out and there is no water left to wash....weak hands, hands that could not take the chinese water torture of days past, and those that have moved on have been long gone... .those that remain aren't giving up much of it now, except those that are happy to get their pre-split .50 back which under normal circumstances would be the former $2.00 support...the dark side will do whatever they can to hold that line as resistance now but there is a nice little IPA by Tapestry Brewing that I'll be taking down....It's name you may ask? Katie Bar the Door This is the new line in the sand, I put a bid in for another 100 option contracts (Feb '18 laddering up) anticipating an attempt at a push below 2.....considering we've run up almost 100% from just over 3 weeks ago we are very short term overbought so need to work off that a little bit and this area would make a lot of sense for a little breather. Enjoy the holiday weekend, continued thoughts and prayers to those hit hard in the wake of Harvey. Continuing the consolidation of the run up/working off the over bought condition before next leg up. Short sale restriction parameter (alternative uptick rule) was lifted after yesterday close of trade so anticipate continued pitch and catch sales. Got my execution on the ladder trade, will be looking to swap out another 100 with any further pullback to the 1.85 area...on a separate note for anyone in EXAS looks like it is breaking into new highs and another leg up (believe there are some that have been in that for some time). I noticed on my previous 100 the other side offset with a purchase of 100 at one handle deeper in the money on the same expiry, either that or it was a huge coincidence |
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Post by peppy on Sept 6, 2017 15:43:33 GMT -5
This is the new line in the sand, I put a bid in for another 100 option contracts (Feb '18 laddering up) anticipating an attempt at a push below 2.....considering we've run up almost 100% from just over 3 weeks ago we are very short term overbought so need to work off that a little bit and this area would make a lot of sense for a little breather. Enjoy the holiday weekend, continued thoughts and prayers to those hit hard in the wake of Harvey. ...on a separate note for anyone in EXAS looks like it is breaking into new highs and another leg up (believe there are some that have been in that for some time). I noticed on my previous 100 the other side offset with a purchase of 100 at one handle deeper in the money on the same expiry, either that or it was a huge coincidence Joey is typing! Mnkd real time volume today; 2,285,609 shares, $1.97 minus 7 cents. minus 3.43%
Joey is a better chart reader than I am. Is Joey a radiologist? (reading the film)
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Post by joeypotsandpans on Sept 6, 2017 16:03:14 GMT -5
Continuing the consolidation of the run up/working off the over bought condition before next leg up. Short sale restriction parameter (alternative uptick rule) was lifted after yesterday close of trade so anticipate continued pitch and catch sales. Got my execution on the ladder trade, will be looking to swap out another 100 with any further pullback to the 1.85 area...on a separate note for anyone in EXAS looks like it is breaking into new highs and another leg up (believe there are some that have been in that for some time). I noticed on my previous 100 the other side offset with a purchase of 100 at one handle deeper in the money on the same expiry, either that or it was a huge coincidence Joey is typing! Mnkd real time volume today; 2,285,609 shares, $1.97 minus 7 cents. minus 3.43%
Joey is a better chart reader than I am. Is Joey a radiologist?
Haha, Joey is far from a radiologist, however, Joey's sons are an Oncologist and Pharmacist....my new avatar is twofold in honor of my oldest who is a proud member of SITC (should have listened to him when he suggested I buy KITE in the low 20's 3 yrs. ago) and because Joey is no longer in his RVW slumber, there is a new here and now BOOM with MNKD that woke him up;) .....regarding the charts, we all read them with our own interpretations that's what makes TA so very cool and also makes markets...some may anticipate breakouts and some may anticipate failures....keep doing what you're doing Peppy, you're very much appreciated by members on the board |
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Post by straightly on Sept 6, 2017 21:42:23 GMT -5
It looked and I felt that there is a support ariubd 2, can your tool confirm that? my only tool is my eyeballs. price sure is hanging around 2 dollars. still working through it my take. Volume has fallen off totally. $2.05 to $2.10 the oct nov lows of 2016. Here we are. I do think MNKD is going to continue up. Not today.
What is your take straightly?
added: yes, sports, the 200 day. hopefully price is working it's way through the 200 day.
If we holds around 2, and today's 8k pretty much ensured that, there got to be a break out, soon. |
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Post by peppy on Sept 7, 2017 4:13:14 GMT -5
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Post by promann on Sept 7, 2017 5:09:35 GMT -5
Looking good! Now up 6.6% plus .13 with 20,700 shares traded. MNKD at 2.10 I would like to know how many different people are buying or is it just one . Wish there was a way to know. |
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....oh the irony of the markets. 
