Daily Archives: May 5, 2020

Showing articles 1 - 2 (2 total)

26Mar3:10 pmEST

Going Through the Cycle

Bollinger Bands, the eponymous indicator John Bollinger created, are seen on the daily chart for hotel chart Marriott, below.  And as one of our Members astutely notes, MAR is one of a slew of names "kissing" a 20-day simple moving average (orange line, arrows) and reversing back to red this afternoon despite another shock-and-awe rally on the...

26Mar11:08 amEST

Looking on the Bright Side

Multi-day relief rallies which are unforgiving to stubborn shorts and quickly become jaw-droppingly fast in velocity to the upside are not the exception during powerful, bearish trends. Indeed, they are the rule as they can and do materialize at various times along the way just when the data and economic prognosis seem particularly grim.  Thus,...

 
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