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BGS Chart, page-194

  1. mr_delta
    12,173 Posts.
    lightbulb Created with Sketch. 1295
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    15/09/16
    09:24
    Post #: 19166372
    sorry, the chart didn't stick to the post earlier... trying one more time...  the highlighted yellow is the Bollinger band.. an inside day (some may say that it is not an inside day as yesterday's price action had one wick above the body of Tuesday's candlestick)...

    as per my experience, these kind of Inside days at the top of the Bollinger Bands causes some steam to be let off from the rally... I will be hoping that I am wrong

    BGS - 14092016 - inside day at top of bollies.JPG
    BGS Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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