$VKTX kept the momentum alive — and this is exactly why the $40 reclaim mattered.
Earlier I was watching whether bulls could hold above $40, and they did more than that.
Price kept grinding higher through the afternoon and is now pressing $41.50+, with the tape looking much healthier than it did during the earlier pullback.
The big thing here is structure: after the morning volatility, buyers kept defending higher lows, and that gave the stock room to build back up instead of rolling over. Volume was hottest on the initial expansion, but the late-day action still looks constructive.
Updated levels:
Support: $40.80, then $40.00
Resistance: $41.60, then $43.15
Bull case:
If buyers hold $40.80 and push through $41.60, this can start leaning back toward the upper resistance zone.
Bear case:
If price loses $40.80, then I’d watch for a fade back into $40.00 to see if the reclaim still holds.
This is no longer just a bounce off the lows — bulls have kept control of the tape into the final hour.
Watching this one closely into the close. Are you seeing real continuation here, or just one last squeeze before the bell?
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