Aug. 21 at 1:44 PM
$VG Immediate Rejection at
$14.54. Buyers pushed the stock into the mid-
$14S right after the opening bell, but the advance stalled at
$14.54—just below yesterday's peak of
$14.65.
$15.00 Out of Reach Today
$14.54 Today's Session High (Resistance Hit)
★
$14.38 Current Trading Level
Remember today is Options Friday. Option mechanics will exert a downward "gravitational pull" toward the high-
$13S/low-
$14S (the max-pain level where the highest number of contracts expire worthless).
IMO -
$13.90 –
$14.10 - Expected EOD.