By Barrie Einarson

Today’s spotlight is on KAPA, a volatile stock that provided tremendous opportunities for traders. To Subscribe: https://go.trade-ideas.com/SHQ
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Here’s why this trade stood out:

• Initial Alert: KAPA was alerted at $1.56 early in the session before any significant pullback. The stock soared to $2.44, showcasing a massive percentage gain.
• VWAP Interaction: A critical element was how KAPA behaved around the VWAP (Volume-Weighted Average Price). Initially breaking below, the stock rebounded and surged to $3.25, making the VWAP a strong support level.
• Volume and Float: KAPA traded an incredible 70 million shares, despite having a low float of just 3 million shares, contributing to its volatility and activity.
• Takeaway: Stocks like KAPA can present multiple opportunities throughout the day. Even if you miss the first breakout, keep watching as they often revisit key levels like the VWAP or a favorite moving average.

This trade highlights the importance of monitoring active, low-float stocks and using tools like the VWAP to identify support and resistance areas for entry and exit points.