By Brian Shannon, CMT VIEW THE VIDEO and LIST OF WHERE TO FIND AVWAP AT THE BOTTOM OF THE PAGE Price has memory. That is a key concept in technical analysis. One of the basic tenets of the study of price history is “support broken, … Read More
Like many stocks I trade, I have no idea (or interest) in what $BGC does to justify themselves as a company. I am a trader of stocks and this stock looks interesting as a swing trade candidate. If I was an investor, I would look … Read More
With the S&P 500 hitting new all-time highs on a consistent basis, many people are wondering when this rally will end. Rather than focus on what could go wrong, I like to focus on the opportunities in front of me and manage risk in each … Read More
In the Monday night video with trade ideas for today, it was suggested that ATI was a good long swingtrade candidate on strength above Monday’s high of 1922 REVIEW THE VIDEO HERE On Tuesday morning, the stock opened weak and continued to go … Read More
When people see my videos, one of the most common questions I receive is “how do I get the VWAP to show like that?” The video below shows how to use the “Anchored VWAP by Alphatrends.” To me, it is the perfect combination of Price, … Read More
In Monday nights webinar (SEE RECORDING HERE) we spent a good amount of time talking about why we DO NOT set our stops until AFTER the market has opened and settled down for a few minutes. On Tuesday, morning two of our overnight … Read More
On Monday Morning I was asked about PBYI as a purchase candidate at (point A) on the chart. The questioner mentioned that the stock had traded as high as $100 pre-market. My response was, the stock is below declining vwap and do not want to … Read More
