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Online Share Trading

Engage and learn about markets and trading online

exxaro at a bargain price

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Not applicable
Liking the sky is the limit even more now
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MoMo01
Frequent Contributor
the share is very much overbought now,share price is touching it's upper bollinger band and RSI is 70,so possibily a slight increase on monday but be prepared to shot it all the way down...
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MoMo01
Frequent Contributor
this share is very much overbought,share price is touching it's upper bollinger band and RSI is is at 70,so possibily a slight increase on monday,but be prepared to short it all the way down
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_Marco_
Frequent Contributor
Could you please explain to me how the "bollinger band" works exactly?
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jack12
Super Contributor
Bollinger Bands are an indicator that allows users to compare volatility and relative price levels over a period time. The indicator consists of three bands designed to encompass the majority of a security's price action. A simple moving average in the middle An upper band (SMA plus 2 standard deviations) A lower band (SMA minus 2 standard deviations) ost use 1.5,you can adjust it bigger if required more reading http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands
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