Peet_Serfontein

BAW: volatility squeezr

Long
JSE:BAW   BARLOWORLD LTD
The lower panel is the Bandwidth of the Bollinger Bands - highlighting a volatility squeeze.
Also see the narrow Bollinger Bands.
A price action above 10000 supports a bullish trend.
Profit target: 11200
Stop-loss: 9900
Remains above its 200-day simple moving average.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.