Seen that fat bid stacking up.... I’m in at .0006, very random buy, just seen this creeping in pps and volume on the watchlist Friday afternoon. Good luck people!! I got In for a bit!
Bollinger Bands These are moving averages that are offset by a standard deviation. This means 95% of all price action will take place in between the top and bottom bands. Some traders look for stocks trading outside their Bollinger Bands as that indicates an extreme situation (5% status). The idea here is that these stocks are very extended and are due to reverse. In combination with RSI and candle stick patterns, this can help us find good stocks for reversal strategies.