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The_Pro

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The_Pro

Re: The_Pro post# 7280

Wednesday, 10/13/2010 6:32:13 PM

Wednesday, October 13, 2010 6:32:13 PM

Post# of 35087
As A Poscript Pet Scottrade Advance Charts:

Bollinger Bands

USOG's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility. Additionally, USOG is trading above its upper Bollinger Band. Relative to recent price action, the stock is currently overextended and due for either a pause or retracement.
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