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

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RJF Breaks Out Above Range – Fresh High on Anchored VWAP SupportRaymond James Financial, Inc.BATS:RJFrobashirRJF 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