Replies to post #3176 on Universal Detection Technology (fka UNDT)

[RedStick]

When the bollinger bands contract, it means the stock is likely to make a big move. That move could be up or down. It is the chartist's job to use the bollinger bands in conjunction with other indicators to gather clues as to which direction that big break is likely to be in.

We will open on the trendline tomorrow. We're fine here at .0072, but we don't want to go too much lower tomorrow for sure. Should be interesting as the stock has bounced at or near this trendline seven times in a row now ...