Hello Lucas Scott,
as i understand Bollinger Bands it is a dynamic measure of volatility.
Therefore is is an attribute by definition that a stock which is down is at the lower band and a stock making a high is at the upper band. I think this works with every stock an has nothing to do with TA. Hope that i'm not wrong with my statement. Can somebody help me out?
as i understand Bollinger Bands it is a dynamic measure of volatility.
Therefore is is an attribute by definition that a stock which is down is at the lower band and a stock making a high is at the upper band. I think this works with every stock an has nothing to do with TA. Hope that i'm not wrong with my statement. Can somebody help me out?