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Vwapbreakout

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
SPY Daily Chart Analysis: Approaching Key Resistance at $564Looking at the SPY daily chart, the price has recovered well from its recent pullback and is now approaching a significant resistance level around $564. Key Levels: Resistance at $564: The green dashed line highlights this key resistance zone. SPY has tested this level multiple times, and we’re nearing another test. Each time the price approached this zone, it faced rejection, making it a critical level to break for continued upside. Support at $552.49: This is the immediate support zone, and it’s holding strong. Any pullback towards this level would be a natural correction but as long as we stay above it, the bulls remain in control. What I Expect: Potential Breakout: If SPY manages to break and hold above $564, we could see a significant rally, possibly testing higher resistance levels around $570. However, failure to break this resistance might lead to another pullback, with $552 acting as the first major support. Sideways Action: There’s also the chance that SPY could consolidate in the $552 - $564 range before making a decisive move in either direction. This would create a buildup of momentum before the next big breakout or breakdown. Final Thoughts: We’re at a critical juncture. If the bulls can push through $564, we might see a continuation of the larger uptrend. However, resistance here has been strong, so I’ll be watching closely for either a breakout or a rejection at this level. Stay cautious and watch for clear confirmation before making your move.
AMEX:SPYLong
by Deno_Trading
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
GE is GEAerospace a buy 5% below its ATH? - LONGGE is now priced at 5% below its recent ATH. The daily chart shows it to be on a VWAP breakout over two standard deviations above the mean anchored VWAP originating in 2 and a half years ago. Price has dipped and pulled back to the midline of the Bollinger Bands and buying volatility is fading as can be seen on the indicators. I see this as a safe point to add to my GE long positions of shares and call options. Having trimmed some of those positions 4 weeks ago, I will add the same amount back in along with 20% extra. When earnings are upcoming in August I will again look for a pivot high from which to trim again.
NYSE:GE
by AwesomeAvani
UNG Natural Gas ETF now rising from its reversal LONG (XNGUSD )UNG on a 120-minute chart has reversed from a long trend down which started in mid -January. This was a steep trend down from the start into mid- March where the trend angle lessened in a period of relative consolidation until May 1st where the reversal occurred. This is a falling wedge breakout with the trendlines of the wedge in thick red and thick green for resistance and support respectively. The VWAP band lines have been downsloping. Price is breaking through the lower band lines and heading toward the mean anchored VWAP line. Price is now above a EMA 100 Keltner Channel which is now trending up. I will take long trades here of both shares and call options. The targets are marked with black horizontal lines from pivots in Jnauary. The are in the levels of 21 and 26 for now. I would not be surprised if UNG moves up and targets the highs of last October at 30 in the upcoming months. Many utility companies this summer will be burning gas to generate electricity needed for air conditioning and demand should be rising.
AMEX:UNGLong
by AwesomeAvani
2
CAKE rises on VWAP bounce LONGCAKE on a 30-minute chart with a set of VWAP band lines anchored back one month shows the cycle of a trend up from a good earnings report into the uppermost band lines followed by a retracement down to the slowly rising mean VWAP where after consolidation and testing of that support, price has begun a new trend up. This is confirmed by EMA line convergences as well as RSI strength bullish divergence prior to the price action reversal. I will take a long trade here targeting 39 and 41 price levels reflecting the upper VWAP band lines. These are roughly 5 and 10% as realistic targets with a stop loss below the mean VWAP line at 36.8.
NASDAQ:CAKELong
by AwesomeAvani
RIVN a trade from deeply undervalued LONGRIVN on a 60 minute chart with set of anchored VWAP lines appears to be finishing a double bottom at the 8.5 level and making a move higher in a VWAP band breakout potnetially rising to the mean anchored VWAP and beyond it into the upper bands. I will take a long trage here with the targets in a textbox on the chart. I am interested in the action of the lesser EV stock while TSLAs fundamentals are challenged by earnings constraints in the face of downward pricing and whether discounting will stimulate demand or instead accelerate the path down as investors may perceive the pricing scheme as a sign of weakness ( or even desperation).
NASDAQ:RIVNLong
by AwesomeAvani
19
LCID Long Trade Setup VWAP and Falling Wedge BreakoutsLCID on a 30 minute chart showed a falling wedge from mid-December to late January then with breakout which took it 30% in one and a half days. This was a previous idea. I believe the news catalyst from Saudi Arabia prompted a burst of trader interest. The following day, the price began another falling wedge pattern for one week. It then broke out for a 10 % move in a short time interval. The chart also demonstrates the bigger moves are centered around VWAP band lines where trading volume and volatility are the greatest. The relative volume and volatility indicators help emphasize this point. At this point, LCID may be turning down into another albeit smaller and lower-duration falling wedge and is well positioned for a brief short trade. The target would be the mean anchored VWAP at 3.25. For a better entry selection, a zoom into 3-10 minutes would be helpful
NASDAQ:LCIDShort
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
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
ACB Cannabais Peeny Stock with News LONGCannabis socks got a boost in the past day as the Biden administration seeks a reclassification of cannabis with the Drug Enforcement Agency ( DEA) This will likely give the entire sector some momentum. Here on a 60 minute chart, Aurora ACB is seen in a VWAP band breakout, crossing over the fair vlaue area of the mean VWAP accompanied on the indicators with confirmatory volume and volatility. On the zero lag MACD, the lines have crossed above the zero horizontal and above the histogram. I see this as an excellent long entry targeting 4.35 which was the pivot high after the last earnings. This represents a conservative 17-20% upside with potential upside beyond that price level given the potential impact of the federal news.
NASDAQ:ACBLong
by AwesomeAvani
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
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
NAIL a homebuilding leveraged ETF rising from support LONGNAIL on a 14 minute chart tested the support at the rising trendline confluent with the mean anchored VWAP and has bounced and crossed over the latter. Relative strength lines are crossing over the 50 level and the relative volume is showing a gradual rise. This is the beginning of homebuilding season after all. Mortgage rates might be getting a cut. I will take a long trade here expecting a swing trade for a few months. Targets are on the chart. They are based on the resistance rising trendline as well as the upper VWAP bands.
AMEX:NAILLong
by AwesomeAvani
1
VOR - a b iotechnology penny stock LONGVOR is a on daily chart. It is a biotechnology startup which is burning cash. As a resut this is a speculative long trade for this company with products to treat leukemia ( blood cancer). Price has crossed over the POC line of the volume profile and also completed an anchored mean VWAP cross over. The Price Momentum Oscillator is reversing and buying volume has increased since the earnings report showed less of a loss than forecasted. I see 30% upside to the high pivot in mid-January. In conjunction with stop- loss set at the mean anchored VWAP this is a R to r of about 3.
NASDAQ:VOR
by AwesomeAvani
MMAT Meta Materials trying to reverse LONG.stockinvest.us www.nasdaq.com Yes, MMAT's target got raised 100X ( it has been in that neighborhood before) MMAT is currently trading at one-tenth of its price mid 2023 and 98% below its all time high. It got an upgrade of late. The 2 hr chart shows a falling wedge from which there may be an early breakout. The breakout is a confluence of the apex of the wedge with the first lower VWAP line of an anchor back to the summer of 2023 when price was about $20. Given the 30% move Friday and after-hours to close out the week and the huge upside ( potentially a fiftybagger? ), MMAT deserves a consideration of a long entry. After the opening bell, I will look at the opening range on a 5-15 minute chart and take my trade counting on increasing momentum sustained into a new trading week and more eyes on MMAT. I like this stock's underdog status and the penny stock volatility that might be harnessed to achieve great profit. In the California Gold Rush, the sellers of shovels, pans and mining equipment made money with the miners. Chips are the new gold and MMAT is part of the supply chain for semi-conductors. It's that simple.
MLong
by AwesomeAvani