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Re: PNW_Ironman post# 1590

Thursday, 12/02/2021 2:31:27 PM

Thursday, December 02, 2021 2:31:27 PM

Post# of 2075
I check both, usually on different charts because it is so cluttered.

A lot of traders look for the vwap break, when a stock breaks out above it and then they sell if starts dropping below.

I have a little different strategy usually, I look for dips with the share price dropping to two standard deviations below vwap ( using scanners sometimes to find these stocks) and then sell if it hit two standard deviations above. But I watch once it hits, with like OWUV, the latest OTC runner, notice yesterday it was so bullish it road 2 deviations above VWAP all day long, so I wait if it is ulta bullish to see if it rides that pink like up, but sell once it looks like it starts separating, then look for it to bounce off of vwap-- that vwap bounce a lot of daytraders look for as well. Or like right now OWUV just hit 20c and 2 standard deviations above vwap is 16c, so I am selling some.

Here are some charts from today and tomorrow on hot moving "stocks" I have traded yesterday and today.
SPY, OWUV, LTMAQ

$LTMAQ


$OWUV


$SPY

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