meitshel

MNKD - risky catalyst play

Long
meitshel Updated   
NASDAQ:MNKD   MannKind Corporation
MannKind Corp is a biopharmaceutical company focused on the development and commercialization of inhaled therapeutic products for patients with diseases such as diabetes and pulmonary arterial hypertension. Its approved product, Afrezza (insulin human) Inhalation Powder, is an ultra-rapid-acting inhaled insulin used to improve glycemic control in adults with diabetes. The product consists of a dry powder formulation of human insulin delivered from a small portable inhaler.

This is not a financial advice!

Upcoming catalysts 03/08/2024 and 12/31/2024

Lots of block buys recently - as it seems someone knows something

We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.

Keep an eye on 4.8 / 5.6 / 6.3 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.

SL under 4.3 (very tight)

TPs approx. 7.0 (if data on 03/08 will be good)

Most info on the chart.

Trade carefully!
Comment:
Thursday March 7, 2024
Block Trade: MNKD 1.6M @ $4.97 at the ask

MNKD
Block Trade: MNKD 532,300 @ $4.94 at the ask
Comment:
Friday March 15, 2024

MNKD
Block Trade: MNKD 1.1M @ $4.47
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