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Re: jimmenknee post# 7342

Wednesday, 05/29/2013 11:40:35 AM

Wednesday, May 29, 2013 11:40:35 AM

Post# of 7478
FB [NASD] Facebook Inc
Technology | Internet Information Providers | USA

Bollinger Band (BB) Pincher tickling Down Channel Bottom-Trendline
(took starter w/ Jun 25Cs)

BB Pincher is a TA Setup looking for a turn/bounce off the lower-BB. Key TA is compression/release of:
(1.) %B (thru EMA 5)
(2.) ADX 3 downturn
Also;
(3.) TRIX 3 movement up thru TRIX 7 (key to confirm)
(4.) CMF 3 up thru signal line
(5.) The Aroons (8) to be moving in the right direction (for ultimate green-red crossover)
(6.) Inverted MACD calibrated to previous BB Pincher confirmations for MACD green-red crossover

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