RJF Breaks Out Above Range – Fresh High on Anchored VWAP Support

RJF broke out with a strong +3.88% candle, clearing the previous range and reclaiming its upper VWAP zone. Price is now trading above all key anchored VWAP levels, with the yellow VWAP acting as near-term support.

Volume came in above average (1.27M vs. 1.15M MA), confirming demand. The breakout clears a long consolidation zone that started in February.

A sustained move above $166 opens the door for continuation toward the $172–174 zone, which lines up with the pre-breakdown highs from late 2023.

Indicators used:

Anchored VWAP (all major zones reclaimed)

Volume & Volume MA (breakout confirmation)

Trend structure

Entry idea: Hold above $166 or breakout continuation above $168
Target: $172–174
Stop: Below $158 or below yellow VWAP