InvestorsHub Logo
Followers 5
Posts 511
Boards Moderated 0
Alias Born 12/21/2006

Re: Logic1 post# 3174

Thursday, 10/22/2009 3:20:18 PM

Thursday, October 22, 2009 3:20:18 PM

Post# of 15230
Its not critical. Just one of many indicators used to predict future movement. Use this in conjuction with moving averages, rsi, adx, and others to help. But generally speaking close bollinger bands indicate support near the current price and consolidation. Use the other indicators to predict when the stock will breakout. In this case it is imprortant that they are closing to protect the trendline. JMO. And others will have many different calls on it. builder

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.