A stock halt can be a scary event for a day trader. Trading of the stock can be stopped by the exchange for various reasons that we’ll go in to. But understanding what stock halts are about can reduce some of the anxiety.
Level I does not provide enough information for the day trader. Level 1 is price without the underlying activity.
Level 2 and the tape is also an indicator of price movement between the buyers and the sellers. (bid and ask).
The shares being bought and sold are shown […]
In addition to the standard moving averages, one should look at the Volume Weighted Average Price. Just like how the exponential moving averages give weight to recent price action, the VWAP weighs the amount of volume that traded at each price more heavily. The VWAP gives us a […]