if the VWAP were to hit .036 as someone so brazenly asked yesterday, this would mean nothing more than the price has fallen well below its current support of .04, and it you were waiting for this indicator to tell you that, well, you are a little late to the ballgame.
what a spin ... lol
@.036 it would be an indicator the PPS is falling from the support level and if it hit .241 .. what would that tell you
or if it hit .056 what would that tell you
unreal .... use the VWAP for what it was designed .. not something you want to hear or believe it to be - when its not
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VWAP is a trading acronym for Volume-Weighted Average Price, the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price a stock traded at over the trading horizon.
VWAP is often used as a trading benchmark by investors who aim to be as passive as possible in their execution. Many pension funds, and some mutual funds, fall into this category. The aim of using a VWAP trading target is to ensure that the trader executing the order does so in-line with volume on the market. It is sometimes argued that such execution reduces transaction costs by minimizing market impact (the adverse effect of a trader's activities on the price of a security).
VWAP can be measured between any two points in time but is displayed as the one corresponding to elapsed time during the trading day by information provider.
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