Yesterday was Insane!
The Warlock, Kenny Glick, here…
During yesterday’s Warlock’s World live stream, ONE NAME could have paid for the cost to attend my upcoming Saturday class…
On less than TEN shares.
If you’ve been living under a rock…
Join me on Saturday, April 16th from 12 to 3 p.m. ET for “Define Your Trade”, my weekend VWAP training class.
In Warlock’s World on Monday, there was a single stock that provided a TON of VWAP education…
Veru Inc (VERU).
I have NO idea what this company does…And I don’t care.
All I knew was that it had the type of VOLUME that can make for a GREAT VWAP trade.
And I’ll be teaching how to find these kinds of stocks on Saturday, April 16th in Define Your Trade.
VERU came across my scanners early in the premarket, when the stock had high volume. So I put it on my watchlist…
Warlock’s Watchlist Monday, April 11
VERU broke VWAP at $5.79 per share at 9:36 a.m. ET…
VERU broke VWAP shortly after the market opened
Let’s say I have a very small account and I buy TEN shares.
I’m usually trading 1,000 share lots.
But for this exercise, let’s say I went with TEN shares, laying out just under $57.90.
Shortly after 10 a.m. ET, VERU was trading around $6.47 per share. That 10 shares was now up to $64.70.
VERU kept rising
At 10:20 a.m. ET, VERU rose to $6.92. Now those 10 shares were up to $69.20.
VERU hit a new high at 10:20 a.m. ET
At 10:29 a.m. ET, VERU hit $7.39. My original 10 share lot was up to $73.90.
VERU hit a new high at 10:29 a.m. ET
At 10:35 a.m. ET, VERU rose to $7.74. Those 10 shares were now up to $77.74.
VERU hit another new high at 10:35 a.m. ET
By 10:47 a.m. ET, VERU had risen to $7.93. My 10 shares were now worth just under $80.
VERU hit, you guessed it, another new high at 10:47 a.m. ET
Do you understand what’s happening now?
VERU just kept rising…
VERU topped out at $14.57 on Monday
VERU reached a high of $14.57 on Monday.
But the stock never really gave you a reason to exit the trade.
That original 10 share lot that cost just under $60 could have turned out a nearly $90 profit from the VWAP break.
Remember, THAT’S ON TEN SHARES.
That would be enough to attend my class, Define Your Trade, on Saturday, April 16th.
And still have some scratch left for a coffee and a danish.
That’s because I’m offering my class for the RIDICULOUS price of $49.95.
That’s CRAZY considering how I used to get down…
That’s 250x what you’re paying for Saturday, April 16th.
Because that’s how strong of a conviction I have in MYSELF as a trader and trainer, and that’s how strong of a conviction I have in VWAP.
It’s the biggest no brainer of your trading career.
Stay nimble my friends.
Kenny “The Warlock” Glick
April 12 2022
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