Aug. 25 at 7:59 PM
$VG The channel chop you are watching isn't institutions avoiding the stock--it is institutional range-trading
Money managers trim the
$14.5 ceiling. They lock in quick 8-10% gains and wait for the drop.
The structural break out of
$14.50 toward
$15.00+ requires two specific catalysts expected in Q4
- Plaquemines Phase 1
- Resolution of BP Damages
L/T Optimism... Bullish