Discover and read the best of Twitter Threads about #bollingerband

Most recents (3)

#BollingerBand Squeeze Breakout

Sharing An Entry Set-up For Cash Market Since Cash Market Is Running Hot Currently

Bollinger Bands Are Volatility Bands with Centre line, Upper & Lower Band

Centre Line Is Simple Moving Average

Default Is 20 Period Simple Moving Average
Upper & Lower Bands are constructed by Adding / Subtracting Standard Deviation Values from SMA

Default is 2 Standard Deviation Away from 20 SMA for Upper & Lower Band

During Trending Phase, Bollinger Bands generally expand as Standard Deviation Expands in Trending Phase
During consolidation standard deviation drops, causing Upper & Lower Bands to contract towards centre line

This Gives the look like bands are getting squeezed, hence the name Bollinger Band Squeeze Breakout

Entry Setup occurs as below:
Read 10 tweets
Analysis: #NYSE $BBY

Case 70 #BestBuy Co. Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#BBY 1/3
Chart 1
Monthly Chart: Upside momentum is stalling . A double top and #BollingerBand resistance sit at the all time highs and #trendline #resistance a little higher at 90.20. The long term target remains 120.85. #SMA 50 adding to the strong support.

BBY 2/3
Chart 2
Weekly Chart : The SMA 200 situated in the well define #support zone.

The #Strategy is printed on the image.

$BBY 3/3
Read 3 tweets
Analysis: #NYSE $SPY

Case 50 #SPDR S&P 500

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#SPY 1/6
It seems as though the up move will never end but a correction is long overdue.

SPY 2/6
Chart 1
Monthly Chart: Currently breaking above #trendline resistance and the immediate target is 315.54 then 338.47 and the first synthetic trendline #resistance stands at 342.91. ....

SPY 3/6
Read 6 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!