BBP.AX has closed above the upper band by 7.1%. If the price is...

BBP.AX has closed above the upper band by 7.1%. If the price is in a uptrend; then this upward trend has a good chance to continue. above the upper band by 7.1%. 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 68.9% narrower than normal. The narrow width of the bands suggests low volatility as compared to BBP.AX's normal range. The bands have been in this narrow range for 24 bars. This is a sign that the market may be about to initiate a new trend. An upward move is expected.
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"http://au.stoxline.com/q_au.php?symbol=bbp&c=ax&Analysis=Analysis"