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Odds on $VNM dipping below 17.00 by month-end?
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.
2 comments · 1 points
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?