MNKD trade ideas
MKND chartI'm starting by studying charts while building an investing account. Started investing with $100.00 but getting killed on commissions, so going to wait until I have $1000.00.
Found this yesterday, and confirmed the pop up today.
MNKD - Aggressive Fallen angel formation long from $2.58
* Trade Criteria *
Date First Found- January 10, 2018
Pattern/Why- Fallen angel formation; Breakout out trade
Entry Target Criteria- Current price (Possible aggressive entry) or Breakout of $2.77
Exit Target Criteria- Momentum
Stop Loss Criteria- N/A
Special Note- Lots of insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
DilutionHey Guys I am back and I have been on a day trading mission developing a new strategy. Anyway what your looking at here is a short trade. I know MNKD has to raise money and it is going to to happen if not in the next two days then sometime soon. My guess is before the end of the week.
Be careful of any pumps of this stock, dont get squeezed out, and hit it heavy. I dont thing it can get past that upper wick but if it does ill be looking for a sizable re-entry.
MNKD - falling wedge on the hourlyMNKD is in a falling wedge on the hourly time frame. The stochastic has coiled and there is divergence, right at the breakout point of the wedge.
Buy: 3.03
Target: 3.10 - 3.20 (2.31% - 5.61%)
jbzstocks.com
@jbzstocks
MNKD - Double bottom stochastic divergencePenny play - double bottom stochastic divergence. If you get in on the way up and use a tight stop this could work out nicely. If things get going, they will move quick.
Buy: 3.50
Target: 3.76 - 4.37 (7.43% - 24.86%)
Stop: 3.30 (-5.71%)
Volume support the bottomThis is one of the traditional charts examples you can find in Books like: Technical Analysis of the Financial Markets by John Murphy.
And this example is in real time and is happening now.
The Chart is very clear for my point of view and even I do not draw a trend line but is obvious and even is history that the down trend was broken by strong up price accompanied wit a high Volume , and more important the pullback after this strong big candle who happened at the end of October 2017 because this pullback give me the opportunity to entry at a more favorable price and reduce the discomfort of a bad timing entry because this is a high volatility stock the Beta is 2.93 is very volatile. And let me explain several things: If am right with the direction of the price but the timing was no the right I can be in a negative territory very quick and hold a losing trade while the price returns to the direction that I had initially dictated. Do you understand me.
The other aspect with this low priced stock is this: If you buy 100 shares at 3.00 and the stock rise to 6.00 the R.O.I is 100% very quick and with a low Capital Investing.
and to finish My picks are for a long term investors and in this case this stock can easily overcome the 6.00 target and Go to the 8.00 target look the chart and look how close is this
by the way the Avg. Volume is 8,349,696 this is not a penny stock and this is not a New Company. Mann Kind Corporation have more than 13 Years of be Listed in the NASDAQ in the Healthcare sector is a Biotechnology Company
I do not know the earnings of this company because this is the Job of the Fundamental Annalist who is the person who sustain the weight of the final decision with the use of Financial Modeling. This is a team Work and I believe in Fundamentals as well because it gives you reasons for a long-term investment
Other thing I use Weekly Charts and then I use the Daily Chart and even Intra day Charts like 4 Hours I only use Support resistance and counter trend lines
But I do not use Indicators and oscillators No fibonacci No Gann No pivot points
Additional Material for learning
www.investopedia.com
www.investopedia.com
www.investopedia.com
OFTSA* -- MNKD NOV 17TH 5 SHORT PUT* -- Options for the Small Account
Let's face it. This is a really tough market for small accounts. You can either wait to build up your account to something decent to actually be able to trade some of the broader (and more expensive) market offerings, dollar cost average in a few shares at a time at all time highs (that doesn't sound enticing, although that's what a lot of people do when they're first starting out), or you can do what you can afford, and that is likely to mean lower priced underlyings, a lot of which are low for a reason. However, there are various options strategies that will allow you to potentially make money on lower priced underlyings or use strategies such as Poor Man's Covered Calls on reasonably priced exchange-traded funds that don't expose you to single name risk (e.g., GDX, XOP, etc.).
Granted, a bullish assumption play in MNKD isn't the best to start off this series with. MNKD has all sorts of warts, not the least of which is that 1/5 reverse split earlier this year. That being said, the background implied volatility is at a whopping 172%, making a short put/acquire/cover cycle trade ideal if it hangs in there around this price level for any period of time.
Here, I'm looking to maximize the credit received at the door, and that is by going at-the-money:
Probability of Profit: 60%
Max Profit: .92 ($92)/contract**
Break Even: 4.08/share
Delta: 34.82
Theta: 1.53
The notion here is to run the option until expiry. If, at expiry, price is above the 5 strike, I keep the entire risk premium collected. If below, I am assigned shares at $5, but with a cost basis of $4.08. At that point, I will immediately sell short calls against the position, further reducing cost basis and will look to bail from the position via call away at the short call price.
** -- Friday's close mid price for the 5 short put was .92, which may require some adjustment on market open.
MNKD near resistance. Short idea? There has been a huge rally in MNKD over the last couple of days. The daily chart is looking very precarious up here. There is a small chance it could keep rallying, as it appears to have slightly broken through resistance (or I plotted it wrong), but my money says this is a good short opportunity as people will likely be taking profits. Next two stops down look like $2.85 or, worst case $2.30.
MNKD looks like a short the pop momentMNKD is up about 38%, it's looking like a short the pop moment.
$MNKD Better FIB alignment from the start of the break to turnBetter fib look from the start of the trend to the last green candle stick before pull back
MNKD - Fallen angel pattern Long from $1.51 to $1.90MNKD seems getting some momentum in the hourly frame, and seems ready to go to next resistance label. We think it has good upside potential.
* Trade Criteria *
Date First Found- July 18, 2017
Pattern/Why- Fallen angel pattern Long
Entry Target Criteria- Break of $1.51
Exit Target Criteria- $1.83 - $1.90
Stop Loss Criteria- $1.37
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Ready For Liftoff?Wave Analysis suggests a Bullish Reversal, 1:5 Risk/Reward Set Up- Target $1.00 with 50% upside
MNKD Retest and Rebound$MNKD
Here we see this asset hit an all time low back in november, but has been steadily climbing the past few months. I would call it a dead cat bounce but with volumes still in the multi- millions, people seem to still be paying attention. Mankind has released information about putting their company into "Plan C" which is basically an attempt to get their stocks back up there. Multiple reworkings of financials as well as a lot of loans and possibly a 50 mil share increase.
Just from the charts you can tell that we've been bouncing around in the 0.45 - 0.65 column, looking very horizontal, but with some decent volume play going on. Mid December there was a test of the resistance and the price managed to bounce up and off of the 0.85 resistance line and is currently retesting at 0.65. You can see a recent price crossover with the 20 ma as well as an upcoming 20ma and 50ma crossover, both good indicators. Similar outlooks in the MACD but none of the signals are too strong, which to be expected when we see so much horizontal movement and the averages are caught up to the price, so I'm taking those with a grain of salt.
All things taken into consideration, the retesting of resistance combined with upcoming fiscal changes within the company and consistently decent volume, I'd say it's worth it. This post is mostly for me so I can fully explain my thought process, but as always criticism is appreciated.
