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Sunday, 11/23/2014 4:48:17 AM

Sunday, November 23, 2014 4:48:17 AM

Post# of 2804248
Compensated Awareness Post View Disclaimer
Bollinger Bands reflect direction with the 20-period SMA and volatility with the upper/lower bands. As such, they can be used to determine if prices are relatively high or low. According to Bollinger, the bands should contain 88-89% of price action, which makes a move outside the bands significant.

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