STWC Holdings Inc (STWC)

[RoyalCash]

Bollinger Bands
These are moving averages that are offset by a standard deviation. This means 95% of all price action will take place in between the top and bottom bands. Some traders look for stocks trading outside their Bollinger Bands as that indicates an extreme situation (5% status). The idea here is that these stocks are very extended and are due to reverse. In combination with RSI and candle stick patterns, this can help us find good stocks for reversal strategies.