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Yeah it won't tell you when to Buy or Sell of course, but it definitely gives perspective knowing at what level the bulk of the money changed hands over a given day (and more importantly, days)Bit hard with ONE today because of the huge one day spike. It closed at 37.5 with a VWAP of around 34.5 so at least today, that is positive price action.Hopefully Mr. Skate might have done a little research on it's usefulness
Yeah it won't tell you when to Buy or Sell of course, but it definitely gives perspective knowing at what level the bulk of the money changed hands over a given day (and more importantly, days)
Bit hard with ONE today because of the huge one day spike. It closed at 37.5 with a VWAP of around 34.5 so at least today, that is positive price action.
Hopefully Mr. Skate might have done a little research on it's usefulness
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