Always pay attention to significant Anchored VWAPS

It is always important to be aware of significant AVWAP'S when looking to take profit on a trade, or establish a new position in a stock. Bitcoin mining stocks have been pretty a hot sector this year and are expected to perform very well throughout 2025 as well. However, the anchored VWAP (red) form the YTD high on July 17, 2024 acted as a textbook area of interest commonly taught by Brian Shannon. If you were long CIFR, the AVWAP from the YTD High was a great place to lock in some profits. Should the stock get through this level, preferably after some consolidation, this could be a great place for a new purchase. Especially considering Bitcoin is expected to outperform from now through the end of 2025.