BB's are nice tools and tell you when you can expect runaway upside moves to get back to crawl speed and other things.
Standard BB's are just a 20 sma with 2 deviations.
I run one chart with both a 20 and 10 base and and that is useful.
The other BB I run is 72 and I think picked it up from Bob Hoye (apologies if it was someone here).
Having some computer problems so here is just an XAO for 3 years with 72 BB.
It looks a bit better on my charts (?) but over 30 years is a pretty good indicator for longer term positions. Allow a smidgin of latitude on the mid line.
- Forums
- ASX - By Stock
- weekend thread
BB's are nice tools and tell you when you can expect runaway...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,084.5 |
Change
-75.500(0.93%) |
Mkt cap ! n/a |
Open | High | Low |
8,160.0 | 8,160.0 | 8,063.2 |
Featured News
XJO (ASX) Chart |