Altough price was in a hurry, it failed to reach the centerline, broke below and now we see the textbook test.
Even a retest (a second one) is possible, bevor heading south.
...trend and flow is still up - not even a prior pivot low is broken...so I have to play it small when shorting the retest.
These work better than the standard Bollinger Bands for setting extreme ranges.
What I use these for is to use an oscillator to find an buy / sell signal then take that to the H L Bollinger bands and mark the spot. Most of the time, you will find that the price does not exceed this spot for the duration (length) ...
Nice long in play,
Happily upgraded this stock to a hold, and a target of $44 is expected (Although downgraded from $48), this is still a good stock to participate in. Earnings are expected to show as $0.68 per share...
Best of luck,