You should be adding the timelines within this chart cross referenced against the associated BMCG drawdown announcements in order to verify your claims. Bollinger Bands are much a maligned charting tool V EMA and Volume analysis - as you would be well aware, especially in recent times.
You may be surprised as to the price correlations surrounding such BMCG announcements. In addition, you have also mentioned yourself @slick of not being overly researched on the FA and inner workings of WKT - which further supports your post of this afternoon.
WKT New charting, page-379
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $31.59K | 287.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 277778 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 91620 | 4 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |