bollinger bands (TEN)

Discussion in 'Technical Analysis' started by neptune, May 1, 2009.

  1. neptune


    i am new at learning bollinger band trends, and am wondering what anyone thinks about TEN. earnings just came out yesterday and were better than expected (but still a loss), and the price touched over the top band yesterday, and has crossed it also today for some trades. i am wondering if this is a sell since it crossed the upper band and also since it has been on a decent uptrend lately, or is there maybe a day or 2 left before it retracks? i appreciate any responses, thanks.