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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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.