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Watching VNM - Potential Range Break
Been keeping an eye on $VNM lately. It's been pretty range-bound for a while, and the recent action around the $17.14-$17.255 area is interesting. We saw a dip today, touching the lower end of that immediate range at $17.14.
I'm looking at whether it can hold above $17.00. A sustained break below that could indicate further downside, invalidating the current sideways structure I'm observing and suggesting a retest of lower support levels. Conversely, a strong move back above $17.25 could be the first sign of a bullish continuation, but I'm not convinced until we clear a few more hurdles.
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