The Stock is in Bullish Phase. The Bullish Phase occurs when there is an upside trend for the stock. The buyers are pushing the stock up.
Risk Management: Consider risking somewhere between 0.3765(9.53%) and 0.6275(15.88%) points on your position. Risk management is an important part of trading.
This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of MannKind Corp. is in the Bullish Phase. This indicates that the stock is in an uptrend. The buyers are attracted to the stock and are pushing MNKD up.
Short Term Trend: (+3) The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. MannKind Corp.(MNKD) is currently mildly bullish.
3 Day Money Flow: (+8) The money flowing for last 3 days in MNKD has been extremely bullish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator.
Weekly chart? So this week or next?
The stock has had an excellent run so far in 2013, gaining more than 72.70%. Shares of MNKD are currently trading well above their 50-day and 200-day moving averages which is a bullish signal.
News from PRN
2013 MANNKIND CORPORATION Annual Meeting of Stockholders
MEETING DATE: May 23, 2013
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
3/15/2013 40,096,925 7,715,612 5.196856
2/28/2013 32,125,206 2,376,495 13.517893
2/15/2013 32,297,268 2,666,815 12.110802
1/31/2013 31,429,971 3,199,543 9.823269
Read more: http://www.nasdaq.com/symbol/mnkd/short-interest#ixzz2P1eRKruV
Target 3. Buy shares. Then the Pop.
Target 5. Buy shares. Then the Pop.
Next Target 7 after they gobble up at 5 and it rips higher.
Ha. Nice work Bac!
Today RPRX ripped 70%!
I would enjoy buying a boat and naming it Ten Bagger!
Good luck longs.
I would like to see what breakout we good get when we hold 3.60 for a week. My guess would be 4.50 when and if the trials publish positive results, which looks like it will happen from everything I have read.