VTYX- Buy the Pullback after a massive Bullish Surge LONG

Updated
VTYX is an illustrative case in the trend is your friend. VTTX warmed up on Frbruary 20th and

went parabolic on the next day and then faded while the moving averages and VWAP lines

caught up. This is a buyable dip. It has now printed a couple of engulfing bullish candles. VTYX

did less than a full 0.5 retracement as a sign of strength. I will take a long trade here targeting

16% upside to the top pivot of the recent price action. If the price can reach the target I will

take half screening for higher-than-normal volatility. At present the volatility has mildly popped

over the running mean telling me the continuation is on the ready. The plus here is earnings

will report on March 24th so there is one month for traders to run the price up on this

stock in that anticipation. Options are avaiable for call contracts expiring March 15th.

Comment
VTYX falls to support on private offering  Biotech LONG
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