Monday, January 18, 2016

Boom n Bust Pattern



Charisteristic

BOOM
1. STOC above 80 for long period
2. Price action tried to push outside BOLLINGER BANDS
3. Price action furthest from 20MA

BUST
1. Fail to break BOLLINGER BAND
2. Candlestick Pattern - eg. pin
3. STOC cross below 80

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