Just looked at the DEG's chart this morning. The bollinger band squeeze is getting tighter by the day and the bollinger bandwidth has fallen to almost 0. This is a very good sign as I pointed out in my previous posts. Period of low or no volatility are followed by periods of high volatility. Look at CXO for instance. The bollinger squeeze gave way to period of high volatility where it jumped from 2.8c to a high of 14c in a matter of 5 days. Was lucky enough to get in just before it exploded.
Bollinger squeezes can last for days so time to hold on and not loose faith..
Cheers,
Just looked at the DEG's chart this morning. The bollinger band...
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Last
$1.10 |
Change
-0.050(4.37%) |
Mkt cap ! $2.624B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.13 | $1.10 | $5.214M | 4.726M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 135769 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 9289 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |