Mannkind $MNKD has been in a bearish slide after some false bullish signals back in January through February. But price kept sliding in March. Let's take a look at the daily chart.MNKD Daily Chart(click to enlarge)Trendline Support:- The daily chart shows that price bounced off a trendline support as the daily RSI also dipped to 30 (oversold condition).- The rally during the 4/5 session resolved these support factors, so the market is now looking at the prevailing downtrend and resistance levels.- For example, the $2.50-$2.80 is all about resistance. In fact, if price does reach above $2.80, I would be surprised, and would have to reassess MNKD as bullish with upside to $3.50 and $4.00. - For now, we should anticipate resistance in this area. If this area holds as resistance and price dips back towards this week's support around $2.10, we should anticipate the market being able to break lower, which opens up the $1.50 area.