OK you technical chart freaks, who can find a Bollinger Band squeeze play that you think will head up? The Bollinger Bands have to be sqeezing tight and be about to break out upwards.
Posted by T e x on :
bring some over, and we'll have a look... Posted by Carp-Swing-Trader on :
Sorry, it is squeeze not sqeeze.
Posted by Carp-Swing-Trader on :
I will certainly be trying to find one. You are welcome to try as well and post it, Tex.
Posted by dollar13 on :
Help me here i think XKEM yesterday??
Posted by T e x on :
Yep, that certainly was a squeeze play in early June. Nice example of what we are looking for.
Posted by Carp-Swing-Trader on :
Here is another example of a chart showing more than one squeeze. One in March, one in May(but went downward) and oneat first part of July that really went on a tear.
ok got it TEX what about USXP???
Posted by permanentjaun on :
That would be an example, except USXP doesn't look promising. All the technicals are downtrending and the price is breaking out to the south. Find something like USXP but in reverse. Matt
Posted by Carp-Swing-Trader on :
OK, I thing I found one. it is EQBM. It the bands got much closer, I thinkg they woudl touch. When you look at the one year chart they actually are. Here is the 6 month chart. It closed friday up 25%. Ready to explode soon? Maybe.
Sorry for the mistakes in typing. Man, i gotta learn how to type better.
Posted by T e x on :
quote:Originally posted by Carp-Swing-Trader: OK, I thing I found one. it is EQBM. It the bands got much closer, I thinkg they woudl touch. When you look at the one year chart they actually are. Here is the 6 month chart. It closed friday up 25%. Ready to explode soon? Maybe.
before you copy the link? click on "linkable" and let it redraw...
your link, as posted, is not the chart you want to post...
Posted by permanentjaun on :
This is why I ended my subscription with stockfetcher.com. I tried to create a filter that would find plays like RSHN, FHAL, USXP back a few months ago, etc.. I wanted the plays that were dormant and came to life just as you are asking I believe.
The problem came down to building the filter. What is certain to happen when these plays break out?
Even the bollinger bands are not certain to use as qualifiers. For example, take a look at EQBM. The bolls split mid-may and the stock ran several hundred percent. You would have missed it because you're scanning the bollinger bands.
What was certain though? The answer is volume. Look for the abnormal volume in a stock. Looking at the long term chart it is easy to say may had heavy volume for the first time in months. Thus, the price rocketed.
If you look at the stock now the volume is normal for its current trading pattern. Previous days have had much higher volume and there were also other days where the price did also lunge forward 10-25%. All the TA tools are bottomed and show no current signs of reversing.
Sorry to sound like debbie downer, just stating my opinion. Matt
Posted by permanentjaun on :
By the way, I found DTGP by watching the volume and nothing else. It looks similar to what you want. It hasn't blossomed yet but I think it will. Its starting to get a lot of attention. Just check out the thread in this forum. Matt
Posted by dollar13 on :
I did dollar, charts look good but....IMO it won't go very far. Looking at the filings these guys have a ways to go. Certainly looks like a good short run though. Good luck. My squeeze went the wrong way today though lmao!
Posted by BooDog on :
FSMH, BB's been squeezing now starting to breakout. Its a subber that is following the trend of late. The stokc has a ton going for it too. Possible divi, and rev number to be reported. Also some foward looking events. Stars are lining up for ***********.
indicators showing this as a short run after the squeeze and then a dip to come. Swith to 3 days and you'll see the loss of support. Volume shifting to the red. Bands opening back up. The idea is to post a play before or during the squeeze. I'm not saying WDCV won't continue to grow but it may start bouncing around.
nice chart though good example of a squeeze that actually went up instead of down like mine did.
My charts aren't linking the right way, try the above link 5 day, hourly, sma 3 line, bol bands, fast stoch, ult. osc.
on your link daily, 3 day, overlay bol band, sma, vol by price,, indicator stoch rsi, wilder dmi, chaikin money flow. You'll see the red.
[ July 26, 2006, 21:14: Message edited by: BooDog ]
Posted by T e x on :
quote:Originally posted by dollar13: TEX you see CRGO today??
ya, on 24th, did ok, right?
Posted by Carp-Swing-Trader on :
Looks like the EQBM was a great pick. Maybe I can pick a winner after all. Wish I would have been able to have gotten it in! Posted by Carp-Swing-Trader on :
Well, I dont think I meant it as a competitive challenge but more of a an individual challenge for people to find there own squeeze play and post it for others to see. But so far, if we were competing. I think I would have won with the EQBM pick. Posted by yahosef_777 on :
BAM HERE IT IS:>>>>ADVC......AND THE WINNER IS YAHOS THE SEF
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OK you technical chart freaks, who can find a Bollinger Band squeeze play that you think will head up? The Bollinger Bands have to be sqeezing tight and be about to break out upwards.
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Matt
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