VWAP - (Volume Weighted Average Price)

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VWAP- (Volume Weighted Average Price)

• VWAP is a very effective tool you can use when determining where the support
and resistance in a stock is.
• The bottom vwap can act as support. The middle can act as resistance. And
when price moves above the middle swap, the middle vwap can act as a support
and the top vwap can act as a new resistance.
• Always remember Old resistance becomes new support, and old support can
become new resistance as well!

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