UTX Heavy VWAP Action

UTX recently had a High Frequency Trader early morning huge black candlestick, which triggered Smaller Funds’ Volume Weighted Average Price orders. The Buybacks have struggled to maintain price at the support level, which is around $121.

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Beyond Technical AnalysisblackcandlestickbuybacksCandlestick AnalysisChart PatternshighfrequencytraderspricesmallerfundsSupport and ResistanceUTXvolumeweightedaverageprice

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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