$MMK (+0,94 %) is still stuck on the VWAP & POC, but the vola around the VWAP is getting smaller and smaller, let's see in which direction it will break out. Sometimes it takes a little patience. The price is still hovering around my entry at €75.31
With $STZ (-0,21 %) a similar picture, the price is also still at the POC and at the lower edge of the deviation1 of the VWAP.
@Multibagger Are you still in with your ticket, or has the dip washed you out below the edge?
My position stands at -3%, but that is still well within my risk. The first attempt to move away from the edge failed, but it still offers good support. I'll sit this out for a while 😅
Well, and then there's $UBER (+0,74 %)
After trading Uber in the VWAP range several times over the last few months, I cautiously re-entered after the 2nd breakout from the range. But then it fell back further than I had expected. But I'm staying in for the time being - my -5% position isn't hurting me yet. It will be interesting to see how the next few days develop.
Conclusion: 3 current trades, one around 0%, two slightly in the red - nevertheless I have confidence in the setup around the VWAP. I'll keep you posted.
