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Hey [USER=33203]@MovingAverage[/USER] This is definitely not advice. Personally, it depends on why I initially bought any given Stock s as to how much wiggle room I give it.ie Buy-hold/investment, or purely a trade?A filter which I often check on a Stock that has had ultra high intra-day Volume, is the VWAPI checked ONE and today it's VWAP is currently sitting around 34.7 cents. The SP when I started typing was 38 cents (now 37.5)So there have been a lot of shares traded at above the VWAPDefinitely not a red flag, but might be worth considering when sitting on large gains??ps I don't trade systems, so take with a grain of saltpps I wonder if some kind of back test could be done to see the historic relationship between large moves relative to VWAP and where a Stock Closes in relation to said daily moves etc etc?? Mr. [USER=57364]@Skate[/USER]? Cheers.
Hey [USER=33203]@MovingAverage[/USER] This is definitely not advice. Personally, it depends on why I initially bought any given Stock s as to how much wiggle room I give it.
ie Buy-hold/investment, or purely a trade?
A filter which I often check on a Stock that has had ultra high intra-day Volume, is the VWAP
I checked ONE and today it's VWAP is currently sitting around 34.7 cents. The SP when I started typing was 38 cents (now 37.5)
So there have been a lot of shares traded at above the VWAP
Definitely not a red flag, but might be worth considering when sitting on large gains??
ps I don't trade systems, so take with a grain of salt
pps I wonder if some kind of back test could be done to see the historic relationship between large moves relative to VWAP and where a Stock Closes in relation to said daily moves etc etc?? Mr. [USER=57364]@Skate[/USER]?
Cheers.
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