MNKD - Slow, Steady, Bullish
Updated
MNKD is on a slow bullish trend.- weekly, daily, and hourly bullish trend
- may retrace to support at $1.18 based on daily RSI, but will likely continue to rise
- support/entry: $1.18
- target: is $2.20
- stop $1.10
Trade closed: stop reached
- Picked up my trailing stop at 1.34 (not sure how I feel about that). - bullish doji on Friday; indecisiveness likely based on daily being oversold
- falling volume, but strong weekly technicals
- new support/resistance at 1.30/1.45 respectively
- will likely retest 1.50 based on strong sentiment (volume) at that price.
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