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FrogAds, Inc. Message Board

  • gsunwab gsunwab Nov 13, 2012 2:27 PM Flag

    Momentum movement

    Bollinger Bands has closed below upper band by 36%; above bottom band by 64%; Bollinger Bands are 95.7% narrower than normal.The narrow width of the bands suggests low volatility as compared to FROG's normal range. The bands have been in this narrow range for {EMPTY} bars. This is often a sign that a market may be about to initiate a new trend. ( see allotcbb website)

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    • this maybe true yet the company must have fundamentals that will change the direction of the stock so that investors will in this envoirment believe in wanting to invest their money into a long term situation and therefore the stock price will go up.

 

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