Ayala Pharmaceuticals Inc (ADXS)

[knowenuftobedangerou]

Bollinger Bands-I'm betting on up

The squeeze relies on the premise that stocks fluctuate between periods of high volatility, followed by low volatility. Equities that are at six-month low levels of volatility, as demonstrated by the narrow distance between Bollinger Bands®, generally demonstrate explosive breakouts. By using non-collinear indicators, an investor or trader can determine in which direction the stock is most likely to move in the ensuing breakout. With a little practice using your favorite charting program, you should find the squeeze a welcome addition to your bag of trading tricks.

Read more: Profiting From The Bollinger Squeeze | Investopedia http://www.investopedia.com/articles/technical/04/030304.asp#ixzz4aBkQT6Ma
Follow us: Investopedia on Facebook