Without Bollinger Bands, the stock could look like going down on the second low, especially if the second low is lower than the first. But with Bollinger Bands, the second low may indicate that the stock could be preparing for an uptrend.
6. The Classic M Top
The classic M top is formed by a push to a high level, followed by a sell-off reaction, and then a test of the previous high.
Are you wondering if the stock is in a new uptrend or if it has met its resistance?
Milk The Cow : Hmm... very chim (profound) eh
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Milk The Cow :
Milk The Cow Milk The Cow : To be able to get 6 pointers out of BB
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Danny Milner : Nice presentation.
Meta Moo OP Milk The Cow :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Meta Moo OP Danny Milner : Thanks!
Warlord1267 : Very interesting presentation.
MultiBaggers : The inverted yield curve
Chaishenyeye : Thanks for sharing
StevenOng4 : Give me a better picture
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