VWAP
price above VWAP=buyers in control of price
price below VWAP= sellers in control of price
note this isnt always the case. Its a guideline
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Lucky2828 : It should be very volatile trading for this stock for the next 2 days. Fast upside follow by fast downside, big players will generate income by this kind of few cents swing.
SlowndEasyTrading : S specially one of best and simplest indicator for day trading either long or short bias
SlowndEasyTrading Lucky2828: Without exact entry signal point these plays very risky without risk and time management you can’t just buy and come after 2 hour to check what’s happening that’s why I am still watching in sideline crazy move if any favorable risk/reward on myside , I think this will go below 10c sometime in future days to close small gap around 6c/7c so doesn’t want risky bet here
Lucky2828 : Yes, I agreed. Need to moitor closely before investing more into it.
JooohhhnOP SlowndEasyTrading: Knowing people are “buying the dip” without research has definitely showed me that waiting all day for a cup to form will most likely result in a pop for premarket and then sell on the first pop.
SlowndEasyTrading JooohhhnOP: Yeah buying dip is safest pattern in day trading but without research and understanding it’s like going down with ship you never know stock bounce back and pop or no if biggest percentage gainer or supernovas bounce or pop of next day probability is higher for few days majority are risky. I stoped day trading for a while due to time constraints and no system like software or AI tool in place without them I realized its gambling anything can happen. Good luck anyway