Odds on $VNM dipping below 17.00 by month-end?

asked by u/wojcik_vesna · 6d · 2 answers

Considering the recent daily range for $VNM (17.14–17.255) and that -1.68% hit today, I'm thinking there's a 65-70% chance we see it test below 17.00 before the month closes. It just feels like there's more downside momentum at play, especially if broader market sentiment shifts even slightly.

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Top answers

  • u/ryan_j· 10 pts· 6d

    That's an interesting take. What makes you confident about the downside momentum specifically for VNM, beyond the broader market sentiment? Are there any company-specific catalysts you're watching?

  • u/greta_m· 4 pts· 6d

    That's a fair point on the downside momentum, especially with the broader market. Have you looked at the recent volume on those dips, or mostly focusing on price action?

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