AGL likely to outperform GLN?
A price action above 5.5275 supports a bullish trend direction.
Further confirmation for a break above 5.7075.
The target price is set at 5.8765.
The stop-loss price is set at 5.4390.
Walking the Bolliger bands might occur.
Walking the Bollinger bands refers to a trading strategy that involves closely monitoring the price movements of an asset relative to the Bollinger Bands indicator.
When the price "walks" or consistently moves along the upper or lower band, it indicates a potential trading opportunity. If the price continually touches or stays near the upper ban.
Low volatility is applicable (see the lower panel) and such periods can often progress to periods of high volatility. This phenomenon is known as volatility clustering or the volatility clustering effect. It suggests that periods of low volatility tend to be followed by periods of increased volatility and vice versa.
A price action above 5.5275 supports a bullish trend direction.
Further confirmation for a break above 5.7075.
The target price is set at 5.8765.
The stop-loss price is set at 5.4390.
Walking the Bolliger bands might occur.
Walking the Bollinger bands refers to a trading strategy that involves closely monitoring the price movements of an asset relative to the Bollinger Bands indicator.
When the price "walks" or consistently moves along the upper or lower band, it indicates a potential trading opportunity. If the price continually touches or stays near the upper ban.
Low volatility is applicable (see the lower panel) and such periods can often progress to periods of high volatility. This phenomenon is known as volatility clustering or the volatility clustering effect. It suggests that periods of low volatility tend to be followed by periods of increased volatility and vice versa.