INBI Bollinger bands, which are an indicator of v
Post# of 21197
Posted On: 03/21/2013 9:19:59 AM
INBI Bollinger bands, which are an indicator of volatility, are currently sitting pinched tightly and within the Keltner Channel bands while in a period of channel consolidation. This is a sign that INBI could soon see what’s called a pinch play. This is when the Bollinger bands spread apart rapidly and break out of the Keltner channel bands. This is usually a very powerful breakout.
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