Watch These Vistra Stock Price Levels as AI Energy Play Continues to Slide

Key Takeaways

  • Shares of nuclear power provider Vistra, which has become a favorite of AI investors, fell Thursday for the third straight day.
  • The price has broken down below the lower trendline of a pennant pattern, potentially setting the stage for further selling.
  • Investors should watch major support levels on Vistra’s chart around $105 and $85, while also monitoring important overhead areas near $139 and $170.

Shares of nuclear power provider Vistra (VST), which has become a favorite of AI investors, fell Thursday for the third straight day.

AI plays such as Vistra have been under pressure this week after the chairman of e-commerce giant Alibaba (BABA), Joe Tsai, reignited concerns over AI spending, cautioning investors on…

Source link