TDW has broken out from a clean VWAP stack structure and is now testing long-term resistance near $52. Price has made a strong recovery since April and is currently holding above the yellow and red VWAP levels with a higher low pattern.
Today’s close at $51.82 keeps it right at resistance, and a break above $52 could open room toward $55+. Volume is slightly below average (709K vs. 863K MA), but the structure remains bullish as long as it holds above $48.50.
Indicators used:
Anchored VWAP (multi-tier support)
Volume + Volume MA (momentum context)
Price structure (higher lows, breakout test)
Entry idea: Breakout above $52
Target: $55–56.50
Stop: Below $48.50 or red VWAP
Today’s close at $51.82 keeps it right at resistance, and a break above $52 could open room toward $55+. Volume is slightly below average (709K vs. 863K MA), but the structure remains bullish as long as it holds above $48.50.
Indicators used:
Anchored VWAP (multi-tier support)
Volume + Volume MA (momentum context)
Price structure (higher lows, breakout test)
Entry idea: Breakout above $52
Target: $55–56.50
Stop: Below $48.50 or red VWAP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.