So, the chart below shows part of the reason why we Alerted on MNKD(on Tuesday for Premium Members when we issued a $4.98 Buy Alert..A day later and it's now $5.45 +10% return)
From the way it traded today, it's not unreasonable to expect a move to $5.40 zone.
Aside from that, this one being a bio-tech and all, it's always capable of an overnight surprise..might that have been the reason behind the buying we noticed today?..hmm
Anyway, the key take-away from this chart is being able to pick up on buying early in the session and as an added bonus, it's ability to withstand any pullback attempts.
Let's see what tomorrow and the next few days have in store for this one.
**So, we know what "tomorrow" brought :-)
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