Brian Shannon, CMT
Brian Shannon, CMT

@alphatrends

5 Tweets 85 reads Apr 21, 2023
A few ⚓️VWAP tips
1- Anchored VWAP can be used to understand market sentiment, identify potential entry or exit points for trades, and help manage risk effectively.
2- The anchored VWAP line can act as support or resistance, indicating potential reversal points and areas of accumulation or distribution.
3- AVWAP can be calculated for different time periods, including intraday, daily, weekly, monthly, and longer time frames.
4- The anchored VWAP line can help traders manage risk by setting stop-loss levels and by determining when a stock is overvalued or undervalued.
5- The slope of the anchored VWAP line indicates an asset's overall trend, and when an asset's price breaks above or below this level, it can indicate a potential breakout or breakdown
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