MNK is dead or almost dead. Often times there is a dead cat bounce in stocks like these, as 'everybody' gets the same idea to throw some money at it.
This is a high risk scenario but with potentially good risk to reward ratios.
Disclaimers : I've clearly said this is high risk. This not advice to trade in securities. I am simply showing what may happen from...
This channel show in the chart is a extremely significant support, it has been carved along the way in 2017 for a long time. If this channel breaks we can see bearish movement towards the next supports @:
Very choppy price action recently, stay safe in trading :D