Audacity618

Potential Squeeze

NASDAQ:SCTY   SOLARCITY CORP
176 3 1
20ema difference trend support. Bollinger inside Kelter.

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Audacity618
Cloning
Audacity618 about SCTY 4 2 years ago
Mr.Josh
2 years ago
Is this what it means cause if it does I should get out correct? A market is said to be in a Squeeze (i.e. lack of market volatility or movement) when the Bollinger Bands contract such that they fit inside of the Keltner Channel. This is usually further characterized by price consolidation (i.e. sideways or ranging market conditions)
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Audacity618 Mr.Josh
2 years ago
This is really a long setup... looking for a volatility squeeze from the lack of movement over the last couple of weeks. IMO given the right amount of buying volume could trigger a rapid cover from shorts.
+1 Reply
timwest PRO Audacity618
2 years ago
I hope you rode this one up!
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