Now, on a daily basis we saw a self repeating analogy on MNKD
tradingview.com/v/pL5EyMOV/
Then, todays rally on 2x avg vol suggested a closer look.
The amazing thing is that even on the weekly timeframe, we can see something:
the 2009-2011 price action might explain the entire chart from the same IPO, as we are now about to enter in the last stage of the analogy.
Definitely to be seen as a best case scenario.
tradingview.com/v/pL5EyMOV/
Then, todays rally on 2x avg vol suggested a closer look.
The amazing thing is that even on the weekly timeframe, we can see something:
the 2009-2011 price action might explain the entire chart from the same IPO, as we are now about to enter in the last stage of the analogy.
Definitely to be seen as a best case scenario.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.