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Viking Therapeutics, Inc.Viking Therapeutics, Inc.Viking Therapeutics, Inc.

Viking Therapeutics, Inc.

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artemfedorov
VKTX continues to follow the bullish structure outlined in the Sep update, breaking out nicely into its resistance zone.

The trend structure remains constructive. I’m seeing room for further upside as long as price holds the mid-term support area around 33–29.

Chart: tradingview.com/x/rjdFsYdJ/

Previously:
• On resistance and consolidation (Oct 6): tradingview.com/x/PtostbvH/
• On break-out potential (Sep 30): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=RyuxrFPaTMyJkFMZLAfOoQ
• On resistance zone (Aug 11): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=VLFAH1asTO2WJt4Y-TgXyw
• On upside momentum continuation (Jul 18): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=4owGJV5ZQaO33WP1hAviSg
• Original setup (Jun 30): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=Ug0UI_DXRAu5b95LGXIyog
• Follow-up (Jul 8): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=fZQV2wcyRL2hB7nariJikg
Snapshot
VKTX
Price reacted off the August resistance zone and then overshot to the downside more than expected, but it’s now coiling within macro support and could be building a larger-degree higher low ahead of a potential breakout in the coming weeks .

Chart: tradingview.com/x/s3h1e1kK/

Previously:
• On resistance zone (Aug 11): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=VLFAH1asTO2WJt4Y-TgXyw
• On upside momentum continuation (Jul 18): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=4owGJV5ZQaO33WP1hAviSg
• Original setup (Jun 30): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=Ug0UI_DXRAu5b95LGXIyog
• Follow-up (Jul 8): tradingview.com/symbols/NASDAQ-VKTX/minds/?mind=fZQV2wcyRL2hB7nariJikg
Snapshot
VKTX Once again screwed over by retail.
makes me ill.
techag
VKTX Median PT over $90 across 19 analyst!
VKTX All the analysts think the reaction was bull shit too. didn't see one pt change.
VKTX no position but thinking about scooping up 1000 shares. mmmmhhhh this is interesting.