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Bollinger Bands beat Bungees. Any close above the upper BB...

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    25/06/16
    07:06
    Post #: 18120607
    Bollinger Bands beat Bungees.

    Any close above the upper BB precedes a pullback inside the band range.

    Grey dots in the chart show the precedents.

    (Works on bearish charts exactly the same way.)

    AZYbb.gif
    AZY Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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