Today, VKTX broke out from a multi-year Down Trend that started in Feb'24. Dotted blue line is the downtrend line that was touched a total of 11 times, with all daily closes either on or below the downtrend line. Today might be the first day of a sharp upward climb that will take VKTX to the analysts' consensus target price of $92 per share! VKTX appears to be finding support above the 200-day moving average (yellow line). I'm sitting on ITM VKTX call options and hoping for a surge higher. Good luck all!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.