1811 Capped Bust Half Dollar

1811 Capped Bust Half Dollar

Thursday, February 13, 2014

Bollinger Band ---Present day Silver price

One might think that when the stock price hits the upper bollinger band that a correction might occur. It is a rule generally recognized. What I am seeing today and the historical chart is the bollinger Band can expand higher if the price holds for a bit as in today. This can leave room for further price gains as you can see on todays chart. If you want to observe the longer term chart you can click on 5 day, 10 day, one month and an to see the pattern. This is a good time to see how it reacts with silver strengthening in value. Using AGQ as a replacement for actual silver. AGQ is a silver ETF.

http://finance.yahoo.com/q/ta?s=AGQ&t=5d&l=on&z=l&q=l&p=b&a=&c=

No comments: