StockFetcher Forums · General Discussion · RMBS absolute classic BB squeeze<< 1 2 >>Post Follow-up
the_trade123
107 posts
msg #74052
Ignore the_trade123
5/3/2009 10:43:01 AM

Yeah, it is kinda hard to tell, only thing i am basing this on is that in the last 3 months it has never gone below the LBB and currently it is off of that low. Since i think it is bullish, anywhere around 9.2-9.3 would be an entry. as always, i aspire for 10%. Looking at where the UBB is right now (12.5), it should not be difficult to achieve. But will wait n watch Mon/Tue.

One more to watch is DYN (Bollinger contraction) which is undergoing accumulation right now. Earnings news this Thu so I am thinking something is brewing there.

johnpaulca
11,309 posts
msg #74054
Ignore johnpaulca
modified
5/3/2009 11:01:46 AM

ORI...probability of lower prices rather than higher prices. A open and close below Lower BB40 from above is bearish.

-oops was looking on a weekly chart. Breaking below ema(100) is still not a good sign when the market is moving forward.

the_trade123
107 posts
msg #74113
Ignore the_trade123
5/5/2009 11:36:34 AM

Did you see...it did go up about 6% from where it was spotted and it will continue up a little..of course general market conditions are similar to the spring bull season...but nevertheless

StockFetcher Forums · General Discussion · RMBS absolute classic BB squeeze<< 1 2 >>Post Follow-up

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