MEO.AX has closed above bottom band by 26.4%. Bollinger Bands are 56.3% narrower than normal. The narrow width of the bands suggests low volatility as compared to MEO.AX's normal range. The bands have been in this narrow range for 7 bars. This is a sign that the market may be about to initiate a new trend.
"<<<<>>>http://au.stoxline.com/q_au.php?symbol=meo&c=ax&Analysis=Analysis>>>>"
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initiate a new trend.
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