Nothing special, just an updated view of this chart (Daily).
Log scale used
Yellow lines are anchored VWAP
Volume Profile on the left with 70% value area lines, purple is POC
Some trendlines.
As you can see it took a while for the price to leave that big channel (red trendline)
Notice volume bars since it left the big channel, the big ones are located between 5...
Small update of previous chart, more lines, quite similar somehow.
A previous gap has been revisited in // to Citron Research tweet post.
Fake breakout over the upper resistance line, it's now back in the big channel.
Yellow line around 1.2$ show another gap which could be visited again.
Disappointing financial results for the last Q.
However Q income appears...
There is a lot of "new" (trader's money) and old money in the Covid V.
At some point I believe we will revisit this area, and eventually the 2008 Vwap.
We bounced on the 2018 and covid vwap recently.
It doesn't really matter depending on your strategy.
Have a good WE 👍
