$VST · The 348 case, and what has to be true for it.Vistra Corp.BATS:VSTCEO_of_WaverVanir_Int_LLC𝗩𝗦𝗧 · 𝟭𝗪 · June 21, 2026 VST · The 348 case, and what has to be true for it. 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 Prior impulse: 108.91 → 219.21 (+101%). Current: 163.75, correcting inside that range. The 2.0 extension of the impulse sits at 𝟯𝟰𝟴.𝟯𝟴. That is the target. It is a measured extension, not a round number pulled from the air. 𝗧𝗵𝗲 𝗯𝘂𝗹𝗹 𝗰𝗮𝘀𝗲 VST already proved it can double in a year once. The stock has the volatility profile and the float dynamics to do it again. A move from 163 to 348 is +113%, structurally the same magnitude as the 108-to-219 leg the market already paid for. If the prior driver re-engages, the same slope reprices the stock to the 2.0 extension. The 140-148 zone is holding as a higher low above the 2024 base. As long as that floor survives, the larger uptrend off the 2023 lows remains technically intact, and the corrective leg off 219 reads as a pause inside a secular trend, not a top. 𝗪𝗵𝗮𝘁 𝗵𝗮𝘀 𝘁𝗼 𝗯𝗲 𝘁𝗿𝘂𝗲 𝗳𝗶𝗿𝘀𝘁 This is a target, not a forecast. The chart is currently below its weekly moving average and RSI sits under 50 and under a descending trendline. Near term the tape is corrective. The 348 path does not begin until: weekly close back above 𝟭𝟴𝟬.𝟳𝟮 (0.702) reclaims the broken structure, and RSI breaks its descending line and holds above 50. Until those two clear, this is a thesis on watch, not a position. A weekly close below 𝟭𝟰𝟬.𝟲𝟭 invalidates the floor and the whole case. A target is innocent until the structure confirms it. Geometry sets the level. The tape decides the timing. Paper analysis. No position held. Not financial advice. 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝗼𝘃𝗲𝗿 𝗽𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻. 𝗥𝗶𝘀𝗸 𝗳𝗶𝗿𝘀𝘁, 𝗮𝗹𝘄𝗮𝘆𝘀.