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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (2798)12/21/2004 9:52:05 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Bollinger Band fundamentals suggest the following. Widening bands and a move above the upper band suggest a continuation of the current trend.

The problem with GERN’s chart is the tremendous resistance at the upper gap that was created back in early November.

The candlestick which was formed today is a spinning top and that equals neutrality. Bulls and Bears are equal in number so that happened because of the upper gap resistance.

139.142.147.218

Reid