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Anchoredvwap

UROY an energy penny stock LONGUROY basically sells rights to mine uranium for a percentage of the production. It is a penny stock in the nuclear subsector of energy which is undergoing a renaissance in this era of fossil fuel addiction detoxification in the context of climate change remediation agendas. The 240 minute chart shows a parabolic move in mid January followed by consolidation and capitulation into a double top all at about the first anchored VWAP line above the mean followed by a trend down into the present level near to the first lower VWAP line. I will take a long trade here targeting the mean VWAP confluent with a standard Fibonacci retractment which is the green line on the chart. $.05 is taken as a safe stop loss at the lows. The target is 0.40 upside yielding a R:r of 8. I have positions in URA and UEC at this time. The entire uranium subsector is cycling from warm to hot again.
NASDAQ:UROYLong
by AwesomeAvani
5
MHUA Chinese Med Tech Penny StockMHUA is shown here on the daily chart. It is currently trading at about 90% off its high of the year. It is in the high volume area of the long term volume profile suggesting there is sufficent liquidity to support active trading. Recent volume spikes suggest buying volume increases with the spikes being about 10X relative volume. Price is over the POC line of the volume profile demonstrating that buying pressure exceeds selling pressure. Price is at or near to one standard deviation below the mean anchored VWAP and so in the undervalued area as confirmed by the RSI Stochastic < 20 %. Chart patterns include an engulfing " big ass " candle on 5/1 and a three-bar strike with another engulfing green candle on 5/12. Both of these could be considered long entry signals especially when supported by the price above the POC and the RSI. I will take a position risking 0.25% of the trading account to begin the trading week. I am targeting a gain of $15.00 per share being a 50% retracement back to the high YTD and a 300% return on investment. I will take a 100 share position and close 10 shares each time the price rises by $2.00. This will adequately mitigate the risk of a volatile penny stock while adequately rewarding the risk taken.
NASDAQ:MHUALong
by AwesomeAvani
LCID Anchored VWAP based swing trade LONGLCID on the 15 minute chart is shown with two sets of anchored VWAP lines overlaid being set at the pivot low of April 22 and the pivot high of May 6th. LCID completed a trend down today which began on May 6th. Price has reversed and is breaking up through VWAP band lines on the chart. The faster green RSI line has crossed over the 50 level in the past trading session. Price is now about to cross over the longer mean black VWAP line. I am taking a long trade here targeting 2.88 for 25% of the position, 3.10 for 50% of the position and the reminder for a runner position to extend for the uppermost band lines. The first two targets are based on the intermediate VWAP lines as well as the upper and lower boundaries of a standard Fibonacci retracement. The stop loss will be raised incrementally from its initial setting of 2.74 at the top on the EMA cloud. As the trend down took a few weeks. I am expecting a 2-3 week long trade following a projected trend up.
NASDAQ:LCIDLong
by AwesomeAvani
USO is in a sweet spot on its chart LONGUSO while the middle east, the Houthi rebels and the Suez Canal shipping quagmire affect oil liquidity globally and prices at the pump continue to be volatile the federal government seeks contracts to restore the national strategic reserves depleted in the last supply demand challenge while the presidential and congressional election cycle starts warming up. On the weekly chart, USO has just crossed over the long term anchored mean VWAP line as well as the POC line of the volume profile. This is a bullish momentum move. Price is situated in the middle of the high volume area showing expectations of decent trading volume and liquidity. I see this as an opportunity to take long trades in oil or anything oil related. CVX is on sale after a drop after the morning open. i will look at oilfield services stocks, big oil and oil futures.
AMEX:USOLong
by AwesomeAvani
1
TSLL is Telsa with a boost of steroids LONGTSLL is an ETF of TESLA instruments leveraged 50% - while TSLA has its own range percent from its volatility TSLL does this even more at a lower per share price. On the 4H chart, TSLL can be seen pivoting down in a VWAP breakdown from a high about July 19th. It is now in deep oversold territory supported by the redline of the second standard deviation line below the thick black mean VWAP. On the ZL-MACD, the cross under the histogram and the ascent of the lines toward the zero line shows in my opinion bullish disvergence. Upside to the target just below the POC line of the volume profile is about 15%. I will go long taking call options as : 1. contracts striking $ 16.00 for an expiration of 8/25 and, 2. contracts striking $ 17.00 for an expiration of 9/1. I am anticipating overall profits of 100% as a goal in this trade. I avoid time decay and in risk management I will close a position when it hits 100% or not less than two days before the expiration. Good luck on this trade if you take it. DYODD !
NASDAQ:TSLL
by AwesomeAvani
XNGUSD SPOT NATURAL GAS Slowly getting ready to reverse LONGXNGUSD is here on a 120 minute chart. I can see that it is trying to turn the corner and head up. The RSI is turning up in bullish divergence. While price is below its moving averages, the SMA20 is soon to be in reach. The anchored VWAP lines are approaching a slope decreasing to zero, while price is getting closer to the mean VWAP as those lines go flat. Overall, volumes are on the rise while price is sideways, so there is bullish divergence in the volume trend. Overall, I see XNGUSD setting up for an uptrend. It could be a big one. Time to buckle up before turning the key. there may be some horsepower involved.
FXOPEN:XNGUSDLong
by AwesomeAvani
4
LCID falling down on weak revenue LONGLCID is in a falling wedge pattern again on the 30 minute chart. Eventually it will break out over the pattern. It has been in a simlar pattern in the recent past. This is now basically a tall bear flag in its consolidation portion. While price could go even lower, reversion to the mean says that it will retrace. The Fib tool suggests 3.35 over an intermediate term. LCID has a rich uncle in Saudi Arabia and its wealth fund. Most certainly, they will accumulate heavily at this price level. Shorts will buy to cover once there is a saturation of buying and price action follows in keeping with Wychoff's theory. The mass index has signaled a reversal. I will dip buy this like the SA traders and add to the position once some bullish momentum is seen.
NASDAQ:LCIDLong
by AwesomeAvani
XBI the ETF for Biotechnology LONGBiotechnology is expected to be a hot subsector this year as healthcare recovered further from the COVID pandemic anything from startups to big pharma- from vaccines to new drugs for diabetes, liver disease and obesity. This is shown on a weekly chart to show the long term trend with XBI pivoting to bullish back in early November. I add long positions when I see a dip on the 3-4hr chart. My targets are the fib retracement expectation at 116 confluent with the first upper VWAP band line and then the 135-138 zone underneath the second upper line shown in thin red on the chart. This ETF smooths out the volatility characteristic of some of the smaller biotechnology firms making it safer albeit with lesser rewards expectations. Positions in NVAX and MRNA are having a good start to the week and will reflect in a small way in this ETF which has broad constituent stocks within its portfolio.
AMEX:XBILong
by AwesomeAvani
1
PYPL Momentum Stalls REVERSAL / SHORT idea PYPL has had a great past two weeks putting in 7-9% gain. In the past week however, that momentum has stalled. PYPL has printed a head and shoulders pattern. The predictive algo of Lux algo suggests a reversal here. PYPL has been resisted on the higher price action by the second upper anchored VWAP band. The H & S pattern neckline is about 63. The predictive algorithm of LuxAlgo shows a forecast of downward price action as shown on the black line to the right of the last candle. I will close my long position here. Once price falls under 63, I will instead take a short position targeting 61.35 and 59.35 being the area immediately above the mean VWAP and first lower VWAP lines respectively. I will also look for the green RSI line to fall under 50 as an entry signal. In keeping with good risk management, the initial stop loss will be 63.15 with an adjustment of 0.12 for every 0.15 of price fall until the first target. I will take off one third of the position and adjust the stop loss by a trialing ATR after that.
NASDAQ:PYPLShort
by AwesomeAvani
5
Anchored vWAPs to Define Value Channels of Reaction ZonesIn this video I share a simple TA method I use when I've identified two significant levels. For this example we're using the anchored vwap from both the most recent significant high and significant low. Once we have those defined and price begins to trade Within These two levels I like to draw what is called a value Channel. A value channel provides me with areas on the chart that are high probable reaction areas. the trade system I trade I look for reaction areas and I trade around them. we see in this example that the rejection happened at a significant area of this value channel and if price continues down I share where the next reaction area will be where we'll look for Price support. I also add to the chart and indicator called RD Key Levels . these are key levels that the market uses for reaction areas in just about any day one Trader should know but it's great to have them on their chart. I bring this up because it does appear that BTC is reaching for a weekly open test. that would be my target on this trade and would be the highest probable reaction area I'd be looking for. If anything wasn't clear please ask questions and I will provide answers or a quick update.
INDEX:BTCUSDEducation
by RexDogActual
1
TQQQ Tech 3X levarged ETF LONGOn this 15 minute chart, TQQQ is in an anchored VWAP band and volume profile breakout. Near to the end of the regular market, the RSI indicator ran from deep oversold. After hours, NVDA reported a sizable earnings beat. The AI machine learning and backtesting indicator forecasts and uptrend continuation. I will get call options targeting $58 for Friday's expiration. This is a risky play, price trend could reverse and there could be no time left to recover from that reversal. The rewards for the trade going right could easily exceed 100%.
NASDAQ:TQQQLong
by AwesomeAvani
SOUN a small cap AI stock ready for a VWAP reversal LONGSOUN on the 15 minute chart as fallen again to the anchored mean VWAP. Each previous time this has occurred in the past month, price has bounced into the second or third upper VWAP band line for a bullish momentum move. The mean VWAP is where big players like to pick up and drop off shares. Liquidity is at the highest. Teh Relative Trend Indicator will show best entries where the trend is negative but the returns to the chop zone to climb out of it and go positive. This indicator can function with alerts and notifications. SOUN uses AI and voice control of it to make apps more user friendly and potent. A similiar stock is DuoLingo ( DUOL) which also adds language translation into the functionality. Those on a budget in their trading love the price. Those not on a budget make love the volatility and the quick profits it can bring if traded properly.
NASDAQ:SOUNLong
by AwesomeAvani
1
NFLX set up for a dip buy before the next earnings LONGNFLX has added 20% to price in the two months since the last earnings which were decent but not remarkable. The 2H chart shows a dip of about $20 per share coincident with a fall from the second upper VWAP line to support from the first upper VWAP line. The zero lag MACD shows line rising over the horizontal zero level in perhaps a sign of bullish divergence. The lines are now over the low amplitude histogram. I will take a long trade here targeting $650. Recent news is the CEO sold 20,000 shares out of the 12,000,000 that he has control of. Nothing unusual there. His friends and others ( myself included) may be buying the dip.
NASDAQ:NFLXLong
by AwesomeAvani
KHC approaching VWAP and looking to rise higher LONGKHC is a consumer staples, not a high flyng tech stock. Content to grind out a trend and take its time, it now looks to rise from sideways action since the last earnings. It is approaching the anchored VWAP where the big players sit waiting to pick up shares in the high volatility and volume zone and so earn a living from other traders who are not as savvy. Rising relative strengh supports a long trade here as does the Price Volume Trend. I find some balance with slow and easy swing trades to offset the chaos and volatility of the IT/ AI /Technology sectors.
NASDAQ:KHCLong
by AwesomeAvani
1
ESPR a penny and medtech stock LONGESPR on the 120-minute chart is surging with momentum from an FDA approval for a new cholestrol and lipid medication which will be an alternative to the at statin class which has side effects and can cause diabetes. I am familar with a few of the professionals on the science advisory board they are researchers and academics of the highest claiber. The chart shows price testing and getting support from the mean VWAP and a little bit of resistance from the first upper VWAP line. I have added to my existing position at the consolidation at VWAP. I am well informed on ESPR market prospects; this could be disruptive. The dual time frame RSI of Chris Moody has curled up and validates the idea. My interim target is the double top of this past winter. I do expect increasing volume in time with the price action that follows. Disclaimer This a hot penny stock highly volatile - you could lose on this trade. Do not trade with money you cannot afford to lose. You must manage the trade well to realize profit. There are options if the put to call ratio is rising big money is pushing a reversal
NASDAQ:ESPRLong
by AwesomeAvani
EXK will run as long as silver moves higher LONGEXK is a junior miner. With fixed expenses in its mining operations for the most part, margins rise dramatically when silver is rising and the opposite is likewise applicable. This is the crux of using junior miners as a means to profit from trending in precious metals. As a penny stock EXK has hieghtened volatility as compared with Barrock Gold or the GLD ETF. there are other junior miners. EXK has added 40% to its market cap in two weeks. Until the momentum of spot silver fades, EXK will continue its momentum. I will add to my long position here and fortify the call option position as well.
NYSE:EXKLong
by AwesomeAvani
4
EURUSD set up to rise from dynamic support LONGEURUSD is currently sitting at the price level from which it reversed in mid-December as well as mid-February. Price is at the second lower anchored VWAP band line which adds confluence to the support. From here, price should move toward the mean VWAP. Upside to the target mean VWAP is about 1.25%. The RSI indicator shows weakness and an undervalued / oversold condition. The predictive algorithm based on lookback regression line analysis suggests a move up to the first upper VWAP line at 1.0954.
Long
by AwesomeAvani
3
CZOO moves up on the pre-earnings interest LONGCZOO shown on a reliable daily chart had an earnings report beating the estimates back in November whereprice action trended up then down in January followed by sideway action then finally a break out through VWAP band lines and the entirety of the high volume area of the profile. Ahead above is a volume void where price moved quickly coming down.. On the retrace, price can move through the void just as easily. The indicators show the volume pump and corresponding Price Volume Trend going exponential My first target is 23 about 90% upside - it is the line between the lows of the bottom wicks of Doji candles on 11/17 and 12/18/23. The stop loss is 12.6 just below the upper boundary of the high volume area. Once the price gets over 17, the stop loss will be converted to a trailing $2.00 stop loss and the risk free trade will continue higher. At the first target 50% will be realized and at the second another 25% while the remaining will be left to see if any momentum remains. The final target is 43 being the high pivots of early December 23 and the consolidation high volume area of October 23. the rest will look for the momentum fade while the stop loss is changed to trailing $1.00. This is potentially a 3-4X profit trade using alerts / notifications/ limits and stops. There will be very little screen time or effort in the management.
CLong
by AwesomeAvani
4
USDJPY set up to fall to VWAP support SHORTUSDJPY has been in a narrow range consolidation since a one week trend up from March 14-20. The dual time RSI indicator shows the faster green RSI line under the stable slower RSI line showing some bearish divergence. The predictive also's blue line forecasts a slow downturn. I am taking a short forex trade on USDJPY expecting price to fall into the support of the mean VWAP at 150.638. This is about a 0.67% move to be leveraged for a modest profit considering the risk taken. The stop loss is 151.9 just above the higher first upper VWAP line.
Short
by AwesomeAvani
2
NGD - a gold mining penny stock is bullish LONGNGD on the highly reliable monthly chart has signs of bullish momentum including a cross over the POC line of the volume profile,a monthly volume bar over the running mean for the first time in two years price crossing over the mean anchored VWAP and both the trend and the momentum indicators making reversals. I will open a long trade of both shares as well as a lot of call options for mid- November striking OTM at $ 1.50. This junior miner stands to gain earnings when gold prices rise proportionately more than established global mining operations. My target is 3.5 just under two standard deviations above VWAP. I will take off 1/3 of the position at 2.7 at the first standard deviation above VWAP in best practices for risk management.
AMEX:NGDLong
by AwesomeAvani
IRTC Med Tech Device Manufacturer at Fair Value LONGIRTC on the weekly chart shows a symmetrical triangle with compression of price into the apex confluent with the 5 year anchored mean VWAP. I am very familiar with the product line including often lifesaving technology such as AEDs. The company has had weak earnings reports but price has managed to so from undervalued to fair value. I will add to my position here with 20% more. Targets of 140 and 205 are tool drawn onto the chart from pivots of the past. Medical technology is reportedly a hot sector for 2024.
NASDAQ:IRTCLong
by AwesomeAvani