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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 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]?  ;)  :happy:


Cheers.


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