BNB.AX has closed above the upper band by 35.2%. If the price is in a uptrend; then this upward trend has a good chance to continue. above the upper band by 35.2%. If price is in a uptrend band; this upward trend in price might continue. However a short term pullback inside the band is likely.Bollinger Bands are 86.8% narrower than normal. The narrow width of the bands suggests low volatility as compared to BNB.AX's normal range. The bands have been in this narrow range for 21 bars. This is a sign that the market may be about to initiate a new trend. It is rated buy now with the 1.31 target price in six months. check here: "http://au.stoxline.com/q_au.php?symbol=bnb&c=ax&Analysis=Analysis"
BNB Price at posting:
38.5¢ Sentiment: ST Buy Disclosure: Not Held
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