I foresee good things for FRGE….. Want to earn some wrinkles? Give this quick read and read up on what a Bollinger Band squeeze then research how it works.
$Forge Global (FRGE.US)$ One of my favorites trading techniques is hunting down stocks close to a break out of a Bollinger Band squeeze. Why? THEY ARE RELIABLE! WhenBB Squeeze is ready, Many “parts and gears” of chart mechanics line up perfectly, resulting in a SOLID run.
BB squeeze can take many months or even a year of setting up before a break out occurs. I think the rule of thumb isthe Bollinger band has to be at its tightest width within a 90 day span (90 daily candles) for a successful Bollinger band squeeze to occur.
***Please remember a Bollinger Band squeeze has notning to do with a squeeze of short interest. although, with that said a Bollinger bands quiz is one of the best techniques to squeeze shorts out of a stock as the upward momentum is so strong , they are not even worth trying to fight.
A little info about BB squeeze:
“Using Bollinger Bands, the Squeeze finds stocks that are poised to breakout. The Bollinger Squeeze is a unique trading setup that leads to explosive moves. The Bollinger Band Squeeze is a way to profit from markets that are poised to break out of a consolidation area. This innovative tactic uses not just Bollinger Bands but also a related metric called Band Width.”
To get an in-depth understanding of the Bollinger Squeeze strategy….read up on it. Bollinger Bands amd Keltner Channel say a lot a out a chart. Very important trading technique to learn and understand .
To get an in-depth understanding of the Bollinger Squeeze strategy….read up on it. Bollinger Bands amd Keltner Channel say a lot a out a chart. Very important trading technique to learn and understand .
here is an example of a Bollinger band squeeze which started October 12 and is still on going upward locked in that upper channel. Bollinger band squeeze can be short or long… Either way there’s always a runs worth of gains
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