AI
Thursday, September 17, 2009 10:56:29 AM
Hi TA4U,
Thanks for the input.
However, using the Upper Bollinger Band, the move is "extended", and most of the times, stocks are too far in their move. Many times the trading range is way far in the past, so I think that using a Upper BB, the "train was out of the station" many days ago, and we risk missing the first B/O.
Yet, adding the BB indicator can indeed indicate some good potential candidates, one has just to be patient to find them
Peter
Thanks for the input.
However, using the Upper Bollinger Band, the move is "extended", and most of the times, stocks are too far in their move. Many times the trading range is way far in the past, so I think that using a Upper BB, the "train was out of the station" many days ago, and we risk missing the first B/O.
Yet, adding the BB indicator can indeed indicate some good potential candidates, one has just to be patient to find them
Peter
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