๐Ÿ“ˆ"The trend is your friend until the end when it bends."โ€” Ed Seykota
๐Ÿ“Š"In investing, what is comfortable is rarely profitable."โ€” Robert Arnott
๐ŸŽฏ"The stock market is a device for transferring money from the impatient to the patient."โ€” Warren Buffett
๐Ÿ”"Charts don't lie โ€” they simply reflect the market's truth."โ€” ChartStudio
๐Ÿ’ก"The market is never wrong; opinions often are."โ€” Jesse Livermore
โšก"Price is what you pay, value is what you get."โ€” Warren Buffett
๐Ÿ“ˆ"The trend is your friend until the end when it bends."โ€” Ed Seykota
๐Ÿ“Š"In investing, what is comfortable is rarely profitable."โ€” Robert Arnott
๐ŸŽฏ"The stock market is a device for transferring money from the impatient to the patient."โ€” Warren Buffett
๐Ÿ”"Charts don't lie โ€” they simply reflect the market's truth."โ€” ChartStudio
๐Ÿ’ก"The market is never wrong; opinions often are."โ€” Jesse Livermore
โšก"Price is what you pay, value is what you get."โ€” Warren Buffett
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Indicators

Bollinger Bands

Volatility envelope around price

Upper Band20 SMALower BandSqueeze!Squeeze โ†’ Expansion = Big Move

Bollinger Bands create an envelope around price using a 20-day moving average and 2 standard deviations. When bands tighten (squeeze), a big move is coming. Price touching the upper band isn't automatically sell โ€” in a strong uptrend, price rides the upper band. The squeeze is the real signal.

๐Ÿ”‘ Key Takeaway
Band squeeze = big move coming. Price riding upper band = strong trend.
Disclaimer: The content on ChartStudio is for educational and informational purposes only. It is not investment advice. Please consult a qualified financial advisor before making any investment decisions.