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Strategies & Market Trends : Ted Warren's Investolator

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From: Investolator20245/22/2024 5:09:52 PM
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VKTX broke out of a long-term triangle base back in 2022 while the indices/general market were still in a bear market. Ted Warren in his book talks about stocks that resist general market breaks being in strong hands. After breaking out of a long-term triangle base, VKTX proceeded to go up 2,000%+. It's funny how very few people were talking about it when it was single digits and just breaking out of a long-term base but after it's already up 2,000%+ THEN people talk about it on Twitter and want to buy it. Ted Warren also talks about this psychology in his book.

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