BULLSHIT, VWAP is useful for anything with price action AND ESPECIALLY PENNY STOCKS!! Why? Because penny-stocks, much of the time, have wide inter-period price variance and the VWAP will give the pps where the weighted trading takes place. Penny-stocks are painted EOD, much of the time and VWAP counters.
Once again, VWAP is totally useless in evaluating penny stocks. But, that's ok. Have fun.
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