Watch These Vistra Price Levels as Stock Powers Higher to Start 2025 | Global News Avenue

Shares of Vistra Electric Company (visual effects) surged on Thursday as optimism grew about using nuclear power to serve energy-intensive industries. Artificial Intelligence (AI) Require.

The move on Thursday comes after fellow nuclear power producer Constellation Energy (CEG) announced that it had acquired a pair Federal government deals worth more than $1 billion.

Vistra has benefited in recent months from speculation that it was well-positioned to sign lucrative energy deals following the Constellation deal. reach an agreement With Microsoft (Microsoft Corporation) provided nuclear power to power its data centers in September.

Vistra shares rose 8.6% to close at $149.66 on Thursday. It’s a strong start to the year for the stock, which has surged 260% in 2024 to become the second-biggest gainer in the S&P 500 last year.

Next, let’s take a closer look technical on the Vistra chart and points out important price levels to watch.

Share price regains 50-day moving average

Since reaching an all-time high in late November, Vistra shares have retreated in an orderly manner to 50-day moving average below average trading volume.

Recently, the stock started the new year with a close back above closely watched indicators, suggesting that the long-term outlook uptrend May be recovering. also, Relative Strength Index (RSI) Confirming improving price momentum, it hit the highest reading since early December.

Let’s identify the key overhead areas to watch if the stock continues to move higher, and point out two key ones support level Stocks may attract buying interest profit taking period.

Key overhead areas to focus on

If the stock price continues to gain momentum from current levels, investors should watch for price reaction near the $169 area, a location on the chart that could generate selling pressure near the stock price. All Time High (ATH).

Investors can predict price target Break out of all-time highs by using the bar pattern tool. To apply this to Vistra’s chart, we pulled the stock’s latest trend It will move through most of November and reposition itself at this week’s lows. The analysis predicts a price target of around $190, assuming the stock may be following the underlying trend Elliot Waves Patterns with five different fluctuations.

Critical support levels to monitor

During a period of profit-taking in stocks, investors should first focus on the $140 level. The stock could find support in this area near the 50-day moving average, which also closely correlates with the October twins peak and the lower range of a merge During mid-November.

A deeper decline could take Vistra shares down to around $115, an area on the chart where investors might look for buying opportunities around a range of comparable stocks. price action on the chart from late September to early November.

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As of the date of this writing, the author did not own any of the securities mentioned.