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Viking Therapeutics set to soar today.

Long
NASDAQ:VKTX   Viking Therapeutics, Inc.
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 VK5211, treats patients recovering from non-elective hip fracture surgery. It also specializes in development of VK2809 and VK0214. The company was founded by Brian Lian and Michael A. Dinerman on September 24, 2012 and is headquartered in San Diego, CA.

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