Elite Pharmaceuticals Inc (ELTP)

[rdragon]

Re:Bollinger Bands

Are you watching the BBs, too?

I saw them when you pointed them out. They are really headed sharply towards each other.



"A squeeze candidate is identified when the bandwidth is at a six-month low-low value.

When Bollinger Bands® are far apart, volatility is high, and when they are close together, it is low. A squeeze is triggered when volatility reaches a six-month low and is identified when Bollinger Bands® reach a six-month minimum distance apart."