Revenge is a Dish Best Served… Disciplined
Hello, VWAPians!
I’m the CARNIVAL BARKER of stock picks right now.
I conjure up winners.
I’m your GUARDIAN ANGEL sent from the VWAP GODS to bestow wisdom upon you.
And I teach traders like you what to look for EVERY DAY in my Warlock’s World, where I slam-dunk VWAP trades again and again.
But that’s not all. We’ve been hard at work behind the scenes, cooking up something BIG that should be a GAME CHANGER for my Warlock’s World family.
There’s more details to come, but in the meantime, you can get a sliver of my Warlock energy each morning starting at 8:30 a.m. on the Money Morning LIVE show, where I review the day’s Warlock Watchlist before I offer a SNEAK PEAK into the Warlock’s World from 9:15 to 9:30 ET.
Then, I pump up the jam in my premium room, with VWAP — the one line that is your college, your MBA, and your PhD of trading.
EV stocks were smacked down on Wednesday, but that didn’t stop us from CASHING IN with VWAP trades on Canoo (GOEV) and Lucid Group (LCID).
We were able to ride VWAP up AND down on GOEV, all before the market opened.
This ain’t your dad’s premarket — this is the greatest trading environment in the HISTORY of mankind.
And this is the power of VWAP in action.
Action that YOU can watch LIVE every day in my exclusive Warlock’s World with the rest of my VWAP family. Let’s break down what happened with GOEV…
I think I first heard of GOEV for the first time THIS WEEK.
What do they do, make electric canoes? WHO CARES. This stock’s probably going to ZERO.
All I, or you, or anyone with more than two brain cells should care about is VWAP.
How about an upside VWAP break at $11.74? GREAT!
Gets to $12.10? I sold some — because I never exit my entire position at one price.
Gets to $12.50 — a crucial half number? I TOOK MORE PROFITS.
When it dipped to $12.25 I got stopped out of the rest, only to watch it RIP to $13.60.
While I had my money from that move, I still wanted REVENGE for leaving some on the table.
And revenge in a GOOD way. Disciplined revenge.
So when I saw GOEV go from $13.60 and make a “reverse Kardashian bottom” pattern — the inverse of a bullish pattern — it told me (and YOU) that a downside VWAP break could be a shorting opportunity.
And what do we see next?
We get a $12 stock going down a dollar! It would take you 975 YEARS to make that in a bank.
This is the GREATEST market EVER to trade.
YOU ONLY NEED VWAP ON YOUR CHARTS TO MANAGE THIS MARKET.
This is what the market does, I’m just a participant. I’m not guessing.
TRADE for the day. LIVE for the day. Live FOREVER.
VWAP FOREVER.
Tune in to see more TEXTBOOK VWAP trades LIVE at 1 p.m. ET tomorrow!
That’s all for now, my fellow VWAPians, but STAY TUNED for my YUUUUUGE announcement that’s coming sooner than you think, Blanche.
Kenny “The Warlock” Glick
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November 18 2021
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