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Re: infinity888 post# 60599

Monday, 12/01/2008 11:04:45 AM

Monday, December 01, 2008 11:04:45 AM

Post# of 192568
EESO-chart infinity888 the Bollinger Bands are highlighted in pink on this chart to show you how stocks move within these bands....I use the strength of the RSI(14)&(2)-Relative Stregth Index to help determine the length of time a stock should move between the range and let the PR's "Good or Bad" determine where the stock should be trading in the BB-range

So far so good with trading in my range

http://stockcharts.com/school/doku.php?id=chart_school:glossary_b

Bollinger Bands: An indicator that allows users to compare volatility and relative price levels over a period of time. It consists of three bands designed to encompass the majority of a security's price action. Prices will often meet resistance at the upper band and support at the lower band. See ChartSchool article on Bollinger Bands


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