MNKD (Mannkind Corp) has hit the final target hit for a 115% gain in just over a month. Consider booking full profits as the odds are good for a significant reaction off the 3.36 level. MNKD was first posted as an unofficial long trade idea in the trading room on August 28th (first chart below) [...]
An overview of some of the swing trade ideas that stand out at this time.
The following notes & charts outline the entry criterion, price targets, suggest stop & beta-adjusted position size for a Swing Trade & potential Long-term Trade/Investment in MNKD.
An overview of some of the unofficial swing trade ideas posted in the Trading Room (9 longs & 1 short). The following trade candidates are discussed in this order: MNKD, TEVA, WFM, FCEL, GPRO, AMKR, IONS, CARA, STNG & PIOI.
MNKD was added as a Long Trade Setup on Oct 6th with a entry to be triggered on a move above 0.68 (i.e.- any print of 0.69 which would also be considered the entry price) and a suggested stop on any move below 0.64 (i.e.- any print of 0.63 which would be the price at [...]
Although a low-priced (sub $1.00), aggressive trade idea, MNKD (Mannkind Corp) could spark a rally up to the 0.89 area (price target set slightly below at 0.85) on a break above both this minor downtrend line & the 0.68 resistance level which comes in just above. Due to the low price & above average risk [...]
This video covers the charts of about half the stocks currently on my watch-list as potential long and short trading opportunities. The video begins very brief overview of the broad market as well as the breakout above the triangle pattern that was highlighted yesterday on the USO 60-minute chart. Following the USO commentary, the following [...]