Bollinger Band Extreme Pinch

paprika9000

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Any thoughts on how this will play out?:?:

Points:

  • Bollingers are closest ever in 6 years of this stock being listed
  • Just closed above upper band
  • Divergence beginning
  • Period of unusually low volatility and containment within 3 pips for 1 month!
  • RSI (not shown) was around 20 during past month - massively oversold?
 

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