The MNMD shorts have been well-entrenched for a while. The
stock regularly shows up on my feeds as one of the the more
actively shorted-stocks, and it has certainly been volatile on an
intra-day basis lately. I was initially attracted by the
chart break-out pattern, but it's been tough to trade
short-term.
Could well be - we are in a few dollars lower so no worries -
just trailing up and have booked some nice profits a few times
prior versus chasing breakouts
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MNMD Updated View
Posted by steve on 22nd of Mar 2024 at 12:05 pm
MNMD - Chart Link -
Trap sprung. Now below the
Posted by DigiNomad on 22nd of Mar 2024 at 02:29 pm
Trap sprung. Now below the lower trendline and looking like a decent short setup....on a retest.
The MNMD shorts have been
Posted by jimsim on 22nd of Mar 2024 at 02:49 pm
The MNMD shorts have been well-entrenched for a while. The stock regularly shows up on my feeds as one of the the more actively shorted-stocks, and it has certainly been volatile on an intra-day basis lately. I was initially attracted by the chart break-out pattern, but it's been tough to trade short-term.
Just noticed that it looks
Posted by DigiNomad on 22nd of Mar 2024 at 12:19 pm
Just noticed that it looks a bit like a trap when viewed this way
Could well be - we
Posted by steve on 22nd of Mar 2024 at 12:26 pm
Could well be - we are in a few dollars lower so no worries - just trailing up and have booked some nice profits a few times prior versus chasing breakouts