RE:BayStreetWolf: What About Bollinger BandsMy thoughts are bb's are risky as they only focus on price and volatility....listen I'm not a chart guy I would have missed out on lots of runs using them....but...we are seeing a fundamental change in this company at $70 nevermind $83....
Think back to even when the stock was $6....compare that company to today....not even close in my mind...
Charts just don't give you that...also does it consider the massive 23 million short position....there just isnt enough volume for them to cover...so we continue to rise...
Leewardcape wrote: Right now, with BTE at 4.22, the price is above the upper Band which is currently 4.16....
Your thoughts? Also, The RSI is at 83, indicating overbought........