Vistra Energy Corp VST has made an impressive upward movement from $21.50 to $27.25. It is extremely overbought and due for a small retrace. Both the MACD and RSI/EMA have crossed on the daily chart- indicating a shift into downward momentum (MACD) and a loss of support for being so overbought (RSI/EMA). A retrace to $25 is my conservative target for a 1 month...
Said sell 26, but I think it's worth the risk to hold for earnings. A lot of positive developments with this company.
A lot of typos in the first pick though lol. They don't let you edit. I didn't even look into the company that much, just saw the ownership, sector, and chart pattern, and plus they started paying a dividend. Looked like a sure thing
Entry 1/2 ****STOP 8%****
We routinely review hedge fund filings, and the trend is becoming clear: funds are bullish on oil. From Warburg Pincus, to Elliot Management, concentrated funds are betting big on the energy sector.
The reason why we chose this particular oil company was because of two reasons. First, and most importantly, the risk reward is...
Chart of VST trading prices YTD with upper / lower bounds pricing averages. Mid line shows average equity price trajectory. Chart is used to evaluate possible buy opportunities where equity is trading at a significant discount to the trend....assuming outlook remains positive + growth oriented.
VST: Vistra Energy
2018-11-20 17:18:00
Vistra Energy Announces Meaningful Share Repurchase and Concurrent Block Trade; Continuing to Rotate Emergence Stockholder Base
Vistra Energy Corp is a holding company. The Company operates an integrated retail and generation business in markets throughout the United States. Through its subsidiaries, it is engaged in electricity market activities, including electricity generation, wholesale energy sales and purchases, commodity risk management and retail sales of electricity to end users. It operates through segments, including Retail; Electric Reliability Council of Texas, Inc. (ERCOT); PJM Interconnection, LLC (PJM); NY/NE (comprising New York Independent System Operator (NYISO) and Independent System Operator New England (ISO-NE)); Midcontinent Independent System Operator, Inc. (MISO), and Asset Closure. Its generation fleet totals approximately 40,500 megawatt (MW) of generation capacity with a portfolio of natural gas, nuclear, coal and solar facilities.
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VST
