Nasdaq Dip & Rip

[JMH14865]

$MNKD,,,I like looking at stocks which I have had past plays on and this was no different. I pulled up the charts yesterday and noticed that it is prime to move based on the technical indicators I use. I played this on the way up just a month ago, before it tanked. Before I finally fell asleep last night, I pulled up MNKD on Stocktwits and saw a lot of negative posts which had me wondering. However, this morning I found this article which made me feel a little better.

https://www.smarteranalyst.com/2017/11/27/quant-king-david-shaw-pours-money-biotech-valeant-pharmaceuticals-intl-inc-vrx-mannkind-corporation-mnkd/

When I buy a position I will take profits, sometimes very quickly. Mankind will be on my radar when the market opens. If things are looking good for a continuation of yesterday, I will put in my order. If it looks like folks are taking their profits from yesterday, I will wait.

As I mentioned in my last email on MNKD, it appears this is primed to head north. All in my own opinion. Good luck trading.