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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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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.
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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
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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.
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.
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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
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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
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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!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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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 ]
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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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
