The next one is VST. Now, the Department of Energy has offered a conditional loan of $4.2 billion to help them build their own energy supply. Therefore, VST stock achieved a strong and significant boost today with an increase of 10.77%.
Note that since last January, we have actually been trending downwards on the chart. Yes, you can distinguish a few different head and shoulder patterns, but they are not the most obvious.
Instead, I focus on the descending neckline that clearly limited the price rise in these numerous attempts, as you can see here on the chart in July. You see here in this last section that dates back to June of this year.
This axis originates from the month of January. So, where is that value that must be surpassed in tomorrow's price movement ? It is at $164.32. This is the key level for a near-term breakout of VST stock.