TG Therapeutics, Inc. (TGTX) is a biopharmaceutical company focused on developing and commercializing treatments for B-cell diseases, including cancers and autoimmune disorders. The company’s lead therapies target conditions like multiple sclerosis and leukemia, offering innovative solutions in a growing market. With strong demand for new treatments and ongoing clinical advancements, TG Therapeutics continues to expand its pipeline and gain investor interest.
The stock chart recently displayed a confirmation bar with rising volume, pushing the price into the momentum zone, which occurs when it moves above the 0.236 Fibonacci level. This signals strong investor confidence and suggests the potential for continued upside as buying interest strengthens.
Traders set stops based on Fibonacci levels so they can ride the trend while locking in profits if momentum slows. This strategy keeps gains secure while preventing early exits in strong uptrends.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.