Entry level $8.66 above daily resistance and 1.414 Fib expansion level. Target price $9.38. Stop loss $8.42. Short interest 29.85% Company profile Viking Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of novel therapies for patients suffering from metabolic and endocrine disorders. The company's clinical program...
A nice casual entry point; not overbought, not oversold, and appears to be just crossing all centerlines. All Indicators are ready for countdown, 10...9...8...7..........
Note: This is not an investment advice but my opinion alone. Please feel free to comment. The Viking ship has been sinking since it released it recent data and reached a 52 week high. However, I think we are in wave 4 of a 5 wave up and we could get as low as $8.06 when looking at FIB ration from wave 2 to 3. I am long this stock and will be adding if we get...
Shorting VKTX back to $7 and possible $5.50.
The equity trading algorithm closed its long position on VKTX at a loss. Date of opening long: Oct 29 Date of closing long: Oct 31 Trading system: bit.ly
If we see a bounce in the indexes this one could have a good push up off gap support. It had a strong day Friday when much of the market sold off again.
get to short this again notice E leg not taken out by bulls
Great Fundamentals. Great Chart. Keeping a tight eye on this one.
VIKING Therapeutics..... like the formation, risk reward profile, and direction of the trend. Targets are the bolded lines and boxes based off fib zones/ extensions. Green is trigger red is stop or place stop below large white candle. 13, 16, 20 targets. Maybe higher
late publish -my tracking second leg up tp come- flags fly at half mast cup and handle or bull flag with breakout and retest- either way looks long
breakout to Bull flag flags fly at half mast price action needed to catch its breath- look north
PENNY STOCK- LONG My Tracking Momentum Play - nice pattern setup - indicators support northbound movement - if breaks pattern- good R:R
Viking therapeutics has been another big performer which i have been keeping an eye on. I'm not sure about the trend continuing on from here but this does represent a nice swing trade falling wedge back in to support with some nice wicks on those hammers showing us some strong buying pressure at that level. If this moves i will look to play it back around the...