Using multiday VWAPs from a strong earnings report

Similarities in multiday VWAP levels from strong earnings reports in TSLA and NFLX

Let’s look at TSLA first

1 Earnings gap up after hours and hold

2 First day of trading since earnings report. Sideways action non decisive day. Ignore VWAP from this day

3 Relevant VWAP finannly breaks to the downside

4 VWAP from earnings day bounce (premarket)

5 VWAP from earnings day breaks for a big selloff


Now check out this same action in NFLX


We are not all the way through the action yet in NFLX. We can keep an eye on NFLX for the VWAP from the day of earnings to break to the downside for a move.

Leave a Reply