The following stocks have formed an inverse head and shoulders pattern.This a major reversal pattern, the Head and Shoulders Bottom forms after a downtrend, and its completion marks a change in trend. The pattern contains three successive troughs with the middle trough (head) being the deepest and the two outside troughs (shoulders) being shallower. Ideally, the two shoulders would be equal in height and width.

MannKind Corp. (NASDAQ:MNKD) is currently trading at $2.71. MNKD is trading 8.40% above its 50 day moving average and 14.65% above its 200 day moving average. MNKD is -31.39% below its 52-week high and 72.61% above its 52-week low.

MannKind Corporation is a biopharmaceutical company, which is focused on the discovery, development and commercialization of therapeutic products for diseases such as diabetes and cancer.

http://www2.thestockmarketwatch.com/stock-market-news/head-and-shoulders-inverse-pattern-formed-bullish-on-these-stocks-on-sep-20/34501