Ronn Motor Group Inc (RONN)

[cableguy]

Sorry about the caps, I use them for an annotation in the chart body itself, it's easier to read but it was too long;

OK SO I HAVE MENTIONED THE BOLLINGER BANDS WITH THE 3~20 SMA LINES THE BLUE UPPER AND LOWER ARE THE ONES THAT + (20-day standard deviation of price x 2) ADHERE TOO THE CENTER 20 SMA IS ON OT'S OWN TROJECTORY SO THE BOLLIES (NICKNAME) ARE PAST TENCE NOW WE HAVE BUSTED THROUGH, HOWEVER THERE IS ANOTHER OVERLAY THE KELTNER CHANNELS WHICH I WILL POST BELOW THIS CHART, TRY TO ANALYSIS THE DIFFERENCE, SOMETIMES TRADERS DON'T USE THEM, DEPENDS ON THE GROUP TRADING IT. BETWEEN THE UPPER AND LOWER ON THE KELTNER CHANNELS.

here are the chart of each to show the difference in Bollies and Kentner channels, and
the bottom chart shows the indicators and why this is so bullish, ooops almost forgot RONN