Elite Pharmaceuticals Inc (ELTP): That current ask is what is known as the...

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Re: Cpark0912 post# 92569

Friday, 02/28/2014 7:53:05 AM

Friday, February 28, 2014 7:53:05 AM

That current ask is what is known as the bollinger band spread.
You normally see this before the markets open and then see the bands tighten as the PPS zeros in for the day.

http://en.wikipedia.org/wiki/Bollinger_Bands

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