Using the VPOC to Trade Stocks Like PLUG: Volume Validates Breakaways
The Volume Point of Control (VPOC) is a key tool for stock traders. It marks the price with the highest traded volume in a session. This reveals "fair value"—where most activity occurred. Price often returns here. In volatile stocks like PLUG (Plug Power), VPOC spots support, resistance, and breakaways. Volume price analysis (VPA) confirms conviction.
The recent price action on PLUG Power is a great example of how the volume point of control along with volume can help to validate a breakaway trade. On this occasion, it resulted in a nice waterfall lower. We now have a nice reversal on the chart with upside levels clearly marked by the Camarilla indicator as Plug attempts to regain the vpoc.
What Is VPOC and Why It Matters in Stocks
VPOC comes from volume profile. It shows institutional focus. High volume at VPOC = strong acceptance. Traders use it for levels. Quantum VPOC indicator on NinjaTrader...
A look at key levels on the SPY (ETF for the S&P500) as we move towards month-end to see if buyers will be stepping in as they have done each month since January. In addition, we also explain how the index is heavily influenced by the technology sector in a week when major players in this sector are reporting.
https://youtu.be/oibO3UDkqnI...
https://youtu.be/8v7LO7hNGlY
Strong Bullish Move in SPY: How Much Longer Will It Last?
The SPY (SPDR S&P 500 ETF Trust) has delivered a strong bullish move recently. This reflects broad market optimism. Tech and growth sectors lead. But questions arise—how much longer can it sustain? Volume price analysis (VPA) provides clues. High volume continuation signals strength. Divergence warns of potential exhaustion.
SPY has recently regained its bullish momentum and is over the volume point of control on the weekly chart. However, the volume does appear somewhat light as it tries to regain its all-time high. This week's close is key.
VPA Insights on the Current Rally
SPY rallies on positive sentiment. Volume price analysis reveals conviction:
Rising prices with increasing volume = sustained buying. Trend likely to continue short-term.
Low volume pullbacks = healthy corrections—buying opportunities.
Watch for divergence: New highs on falling volume = distribution. Professionals selling into strength.
Quantum Trend Monitor on NinjaTrader or TradingView aligns bullish. This supports holding longs. But extremes approach—caution needed.
Factors...
In this video, we see how Apple has progressed through some still price-based resistance and the volume point of control on the daily chart. It also reveals the price objective for the stock in the current trend higher.
https://www.youtube.com/watch?v=cYt_vxzjbG8&ab_channel=QuantumTradingIndicators...
