Watchlist $VKTX and $APPS

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Stock Watchlist

$VKTX is a stock that I have been in for a few days. They reported earnings last week and actually beat predicted earnings by a few cents on the EPS. Despite this, the stock has declined from the $7 highs, primarily due to the delay in important NASH data.

Despite this, there are many catalysts such as conferences etc. that could see this stock back up to $7+ highs in the short to medium term. The chart is screaming ‘buy me’ as the price bounced nicely off the 50 MA.

$APPS

I don’t yet have a position in $APPS. They did beat earnings last week and the chart is looking very attractive for a long position here. If I buy a position, my price target would be 3+.  I really love this chart for a swing trade over the next few weeks. 

Well that’s it for todays watchlist! Short but hopefully sweet!

Wesley.


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