What is VWAP & why is it 'the most important price of the day'?

Mean Reversion News

What is VWAP & why is it 'the most important price of the day'?
Kenny GlickVolume-Weighted Average PriceVWAP
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Kenny Glick, owner of HitTheBid.com, appeared on Stocks In Translation to discuss the significance of the Volume-Weighted Average Price (VWAP) and the...

to discuss the significance of the Volume-Weighted Average Price and the implications of mean reversion . Glick notes,"if you have something that's shooting down, a lot of times, you can expect it to revert back to the mean, and the most important price of the day it's the VWAP price."Like, usually, like, if I were to think that something is going down, I would think that doesn't sound good.

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Kenny Glick Volume-Weighted Average Price VWAP

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