News Focus
News Focus
icon url

AugustaFriends

02/05/12 8:37 AM

#183422 RE: AugustaFriends #183421


BWEN Charts Moved Above Upper Bollinger Band (nasdaq) on 3 Feb 2012

Orions (Link back for over 1000 charts)

BWEN Charts

















icon url

Window_Shoppa

02/05/12 2:18 PM

#183472 RE: AugustaFriends #183421

excuse my ignorance, but moving above the bb, does that indicate overbought and hence not a good time to get in?

The reason for my confusion is because looking at SATC chart it seems like a big push coupled with a massive volume spike and the fact that it closed above the 50 ma should be a very bullish indicator?