Let me put my teaching hat on for a moment.- VWAP<----- Ok it's a nice indicator but not a reliable one and it should always be used with other indicators. The mistake Van made in using VWAP on COIN was that COIN had already spiked large and you never use VWAP after a spike. Only when a stk is treading water. Generally, if the price is above the VWAP, it indicates that the buyers are in control and the trend is bullish. But after a super spike that is negated. One of the main limitations of VWAP is that it is a lagging indicator, meaning that it reflects past data and does not predict future price movements. Therefore, traders should not rely solely on the VWAP to make trading decisions, but rather use it in conjunction with other technical tools, such as trend lines, moving averages, or oscillators. Another drawback of VWAP is that it can be affected by outliers, such as extreme price spikes or drops, which can distort the average price and make it less reliable. Therefore, traders should be cautious when using VWAP in volatile markets or during news events.<-----! In most cases you can just use VOL! or better yet On balance Vol. Use VWAP primarily to set up entry and exit points for swing trades.
ENERGY- It's a fun word but what does it mean? Is solar energy? Is Hydrogen energy.,,,, You may of noticed a quirk lately-- Price of oil has gone up and over $80./ Energy stocks still sucking wind. In a big big picture 2 years or more// Energy looks just fine but is it? A week or so ago iIhad a discussion with a Hedgie about this. Something is wrong. And we think it may be due to depleting reserves but we are not sure.
I'll leave you on that thought. It's 8:00 in the morn on a Sat-- Time to grab that cup of java and sit down to another fact filled, research filled, case made GBA WeekEnd Review-- This one by Mr. Van... Can't Wait!-- What is the GBA Stock Of The Week-!
Add GSAT to the list! I'm thinking that's a $1.00--$3.00 winner if we are lucky!! Also I forgot under the new purchases CTLP. Not done anything.
9:00 am-- I've been at work since 6:00 this am... last night we went 3-4 in the bets. But I'm not getting good feedback here so we'll keep the betting out of Gummy 2.. Alright sit back and relax and get ready to see Van's pick for next week!!!!
You see folks it's not easy. Try being up to date on all politics, all war, all stocks, all bonds, all female track and field, all, all, all. Try putting together a newsletter. Stay on point offer new incites, draw on your long history of success, pry apart a single idea and present it as STOCK OF THE WEEK. Then watch her run. Week after week after week I have done this for you for... really no thank you's to speak of. Going back I can't find one bad idea just a flat one FLNC. I do get thank you's for kids going to college etc. For new cars and new BBQ's, I do get all of the heavy hitters at ET's eyes.. but so few comment publicly. It makes you wonder: DO YOU WANT MORE-!
Something up here--- EOSE Eos Energy Enterprises, Inc. Lets Look at what is driving this-- there was an upgrade but we need to find the words... $3.850.60 (+18.46%)<--------------4:00 PM 09/01/23 NASDAQ | $USD | Post-Market: $3.76 -0.09 (-2.34%) 7:59 PM