Elliott Wave Update: VST Corrects in Wave ((2)) Before Potential Surge

Vistra Corp., (VST) operates as an integrated retail electricity & power generation company in the United States. It operates through five segments like Retail, Texas, East, West & Asset Closure.

Vistra Corp., (VST) operates as an integrated retail electricity & power generation company in the United States. It operates through five segments like Retail, Texas, East, West & Asset Closure. It comes under Utilities sector & trades as “VST” ticker at NYSE.

As discussed in the previous article, VST favored rally in impulse ((1)) from April-2025 low. It ended ((1)) at $216.85 high above January-2025 high, confirmed bullish bias. Now, it is correcting in 3, 7 or 11 swings that offer buying set ups at extreme area.

VST - Elliott Wave Latest Daily View: 

In Weekly, it made all time low of $11.30 in March-2020. Above that it ended impulse sequence of (I) at $199.84 high in January-2025. Within (I), it placed I at $107.24 high in May-2024 & II at $66.50 low as 0.382 Fibonacci retracement in August-2024. It ended III at $168.67 high in November-2024 in clear 5 swings & IV at $131.64 low in December-2024. Within III, it placed ((1)) at $87.89 high, ((2)) at $72.90 low, ((3)) at $143.87 high, ((4)) at $111.50 low & ((5)) at 168.67 high. Above IV low, it placed V at $199.84 high as (I) impulse. Below $199.84 high, it corrected lower in (II), which ended in daily blue box area at $90.51 low.

VST - Elliott Wave View From 6.16.2025: 

Above $90.51 low, buyers got profitable ride in ((1)), which ended at $216.85 high as last update. Within ((1)), it placed (1) at $120.96, (2) at 103.34, (3) at $198.20, (4) as flat at $180.25 & (5) at $216.85 in diagonal. It broke above (I) high, confirmed bullish bias as the part of (III), which can extend in to $279.20 - $395.81. Below 8.05.2025 high of ((1)), it favors downside in (A) of ((2)) & expect one more push lower below $201.38 high. Later, it expects bounce in (B) in 3 or 7 swings against 8.05.2025 high followed by (C) down. We like to buy the pullback in extreme area of (C) against 4.07.2025 for next leg higher. If it failed to make a new low below 8.20.2025, then the bounce can be (X), while placed (W) at $183.85 low. In that case, we like to buy (Y) in extreme area in ((2)).

Source: https://elliottwave-forecast.com/stock-market/vst-corrects-wave-2-potential-surge/

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