6
SUby u/suthidawattana·17h

Predicting VNM's March Close - A Probabilistic View

I've been watching $VNM closely this week, and the price action today, dipping to 17.14, has me thinking about its potential for month-end. Given the broader market sentiment and the way it's been testing support, I'd put the probability of $VNM closing above 17.50 by the end of March at about 35%. While there's always potential for a bounce, the current momentum suggests further consolidation, possibly even a retest of 17.00, before any significant upward move.

2 comments · 6 points

2 Comments

BMu/btc_maxi_dan·14h

Interesting take. Do you see any specific technical levels or macro events that could swing that 35% probability either way, or is it primarily a momentum play in your view?

3
TLu/tuan_le·15h

A 35% chance, you say? So you're telling me there's a chance... but not a particularly good one. I suppose it's better than my usual prediction of 'maybe goes up, maybe goes down,' which has a surprisingly high success rate depending on how you count it.

1

More like this