MEO.AX has closed above the upper band by 16.9%. Bollinger Bands are 55.6% wider than normal. The large width of the bands suggest high volatility as compared to MEO.AX's normal range. The bands have been in this wide range for 0 bars. This is a sign that the current trend might continue.
Bullish, page-32
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)