Next move in progress...
This is just my personal trading setup so that I keep it in mind.
Viking Therapeutics (VKTX) prepares for its next move. The following things need to happen for me to be bullish:
On the 3D chart:
1. The RSI needs to move above the moving average.
2. On the RCI indicator, the mid-trend line (blue) needs to move above the long-trend line (green).
3. The chart needs to break out of its channel to the upside.
If so, the next target is around $200.
barrons.com/articles/viking-therapeutics-weight-loss-drug-e600234a?reflink=desktopwebshare_permalink
Viking Therapeutics (VKTX) prepares for its next move. The following things need to happen for me to be bullish:
On the 3D chart:
1. The RSI needs to move above the moving average.
2. On the RCI indicator, the mid-trend line (blue) needs to move above the long-trend line (green).
3. The chart needs to break out of its channel to the upside.
If so, the next target is around $200.
barrons.com/articles/viking-therapeutics-weight-loss-drug-e600234a?reflink=desktopwebshare_permalink
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