This is a technical short only , based on the resistance and RSI . VST is a great company to consider longing too when the time is right.. I think . If it comes down to support , will be trading below intrinsic value and I will take advantage of a long at that time . Good Luck ~
Hey people, VISTRA CORP is in a fake bullish surge with a return of purchase volume made and a trace of the sellers. The TIMEFRAME M1 we see a hammer candle with a large sales volume it goes on the most of the bollinger it will break. And go to the top of the stabilization zone to test it strong possibility of breaking out the price. Then at the same time the zone...
Nice wedge consolidation, broke below POC going to be interesting seeing how it plays off 18 support.
Added a screener for a 10 day/20 day crossover. Here is a test to see how this performs after the alert.
Me and my partner at the time put this out as a pick back in the summer. We noticed that Fortress had allocated almost half of their portfolio to the company, so it looked nice down at that support level. They say you aren't supposed to bottom feed, but when you see a hedge fund that is so heavily invested into a company, while also accounting for the company's...
This wasn't that bad, but they still missed estimates and it fell from 28 to under 27. They reported EPS of 23 cents, mean estimate was 43 according to marketwatch. Was watching this daily
Too many tasks going on at once!! Classic information over load!
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...
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