VST support zone 155 hit

Support zone: close above is a hit. Close on the level is a push. Graded on the regular-session close.

A support zone is a price below the market where a large amount of options positioning sits. The idea is that this positioning can slow a move down there, so the test is simple: does the stock close above it? When it was posted at 14:28 ET, VST traded at 161.1, 3.9% above the support zone. On the same map, the next level above was 170 and the next level below was 143. See the original post.

Price traded through the support zone during the session (first 5-minute close on the wrong side at 9:30 AM ET), with a low of 154.84 and a high of 162.65. In the last hour price moved up 2.10, from 159.38 to 161.48.

The regular-session close was 160.48, 5.48 (3.54%) above the support zone at 155. Under the rule (support zone: close above is a hit), that is a hit.

Vistra rallied with the nuclear group after Google's power deal with Constellation, and reports cited a conditional Department of Energy loan commitment for upgrades at Vistra's nuclear plants. VST finished the day up 10.8%, while SPY was up 0.5%.

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