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Technology Stocks : Apple Computer (AAPL): Analysis and Forecasting -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Danielson who wrote (394)8/6/1998 6:30:00 PM
From: Andrew Danielson  Read Replies (1) | Respond to of 692
 
Bollinger Bands for AAPL

I'm not a techie, but I did notice that the Bollinger Bands on AAPL on a short-term chart (1-5 days) narrowed significantly the last few hours of today's trading. The way I understand it, is that the Bands narrow when volatility decreases, which in turn usually portends a major move in the stock.

Am I right, and do you expect that a major stock move might be on the verge of happening?

Curious,

Andrew


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