Bollinger Band Trades


Hey Gang,

 

Just wanted to write a follow-up to the last post on the Bollingerbands.  Today many stocks are moving into their upper bollinger zone.  This is a strong bullish signal and a nice stop is had on a break back below the 20-day moving average.  An initial price target on these stocks would be the upper bollinger band.

 dna

 

 PNRA

 

ORCL

 

 Take a look at your watchlists and see if your stocks are moving into the upper band.  This is a sign that the rally is legit and you can possible ride a strong wave.

 

Happy Trades!

Jeff

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