Friday, March 09, 2012 1:40:14 PM
Signals Price is considered overbought at the upper band and oversold at the lower band. Bollinger bands also gives a clue as to when to expect a breakout. Breakouts occur following periods of low volatility. When volatility is low, Bollinger bands are close together (tight). Thus, tight Bollinger bands should be a warning of a pending breakout.
GESI Chart shows classic Breakout Signal..
Gonna Get Very Interesting $$$ IMO...
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