Replies to post #9177 on Mesa Air Group, Inc. (fka MESAQ)

[kairos]

Bollinger Bands

Developed by John Bollinger, Bollinger Bands are an indicator that allows users to compare volatility and relative price levels over a period of time. The indicator consists of three bands designed to encompass the majority of a security's price action.

1.A simple moving average in the middle
2.An upper band (SMA plus 2 standard deviations)
3.A lower band (SMA minus 2 standard deviations)


http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands

[Come1Kamal]

Very true. Sometimes MD charts mean the world to a stock. CEMJQ is a great example of how after it began the run and upward movement and after a certain ugly drop of the stock (we call it Black Friday) it really started trading based alot on charts. You can see where stocks bounce off of certain moving averages, past support lines, etc. I will send you a suggestion on a PM now on an easy way to start looking into charts. H is a great resource for this as well.

Humility is a good thing. I hope you get your due.

I happen to live in Phoenix. I have a condo on Tempe Lake, right about 15 minutes from the airport. The planes that take off/land in Phx fly over my condo which happens to face South East. I see Mesa flights daily from my office/balcony as they fly over the Lake on take off. At night, the reverse the runways, so they are landing in the evening, coming in from the East. So I get to watch them planes come back home. Therefore, I have a personal attachment to this company/stock and yes, I feel this one may be the one that is "due" for me. Although CEM is still "doing" for me. GL