Bollinger Band Squeeze on 1 Hour charts Grab the great move on BO on this stock.
The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline.
This can give a Great move for Swing trade for short-term Derivative trade.