VKTXPENNY STOCK- LONG
My Tracking
Momentum Play
- nice pattern setup
- indicators support northbound movement
- if breaks pattern- good R:R
VKTX trade ideas
Falling wedge bouncing off support levelViking 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 highs for a possible 20%.
Falling wedge bouncing off support 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 highs for a possible 20%.
Break in the resistance lineLooks like a possible break in the downwards trend, and a possibility for a rise; judging by the MACD and the moving averages. However, not sure; keep you updated.
VKT Is Showing Bull Signs 300% + ROIHello, Trading View,
This is one of those stocks that have cought the attention of investors.com and so you will usually see a rise in the value of these stocks if it is on the front page of there web site.
It usually just continues up the trend line until you reach that upper resistance line. That is where I will be selling it to practice risk management.
IMO you are going to want to wait until it leaves the lower support line a little more before buying in. So IMO you can set your buy-ins, targets, and stop-losses like so:
Buy-in: 6.50
Target 1: $7.34
Stop-loss: 3% Below the trend line.
Thanks,
StopLoss123
Looking like a possibility for a Pick-upResistance indicators showing the possibilities for a recovery following the short fall...
VKTX possible breakoutVKTX is showing a breakout pattern and could potentially breakout on Feb 22nd. Right now (not including after-hours) is near the resistance point and could eventually surpass the point and breakout. The 15 min graph is not so clear so people interested should look at a 1min time frame and Tell me what you think in the comments.
most important lesson in trading, sellDo you see a day of exit? I do. I sold all my shares and I am HAPPY.
vktxfill the gap and support at 1.06 area weekly time frame shows invert hammer looks down trend is going too end soon if breaks 1.06 area looking too buy more around .8000 area
