"Mr. Bollinger also contends that:
Sharp moves tend to occur after the bands tighten to the average, when
a stock is less volatile. The greater the period of less volatility, the
higher the propensity for a price breakout.
When the price hits the upper or lower bands, it is suggested to confirm
with other indicators whether that price movement shows strength or
weakness, respectively, which could indicate a continuation. If indicators
do not confirm this movement, it can suggest a reversal.
Tops or bottoms made outside the bands, followed by the same inside
the bands, indicate a trend reversal.
A move originating at one band tends to go to the other band. "
timely.com
iqc.com
Looking for a close above 4.75 to confirm the move,,then will be eyeing 5.25..It likes to break over 4 and run to 5,,but who knows..
back to napping..has rained,snowed, and sleeted so far today<g>..DD |
