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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ???? -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (725)2/4/1999 11:31:00 PM
From: SkyDart  Read Replies (1) | Respond to of 1196
 
Yes. Big differences between the 12/16 spike and today's price/volume action.

Noteworthy is the fact that TODAY the stock PIERCED the 20 day BOLLINGER BANDS to the upside; a STRONG SIGNAL that the trend is REVERSING.

Often a Bollinger Band break signals a sustained move; ie 3 to 4 days for a net stock.

The false alarm on 12/16 did not pierce the 20 day Bollinger Band and the move fizzled.

The huge move in November to 45 was heralded by [you guessed it]--A Bollinger Band Breakout.

Dart