GrowLife Inc (PHOT)

[Archeogeek]

Today's money flow action is fascinating. In the bottom panel of the below chart, VWAP is the yellow line. This is the measure MMs usually use in contracts for delivery with big clients and so is what they are thought to control. The green line is "money Flow" which is actually the Accumulation/Distribution Index computation.
Notice how the VWAP moves down in the morning and the money flow is shaken out with it. Then a little before 12:30 it steps down again, followed by a big buy that sends the money flow into accumulation. Then things settle down again for a while until just before the close, when the VWAP continues to be held down despite what the simple price is doing and the money starts flowing into accumulation again. By the end of the day large amounts of shares have been bought up by someone at an excellent average price. I find it fascinating how well-controlled the VWAP remains despite the simple price fluctuations.