Sentences with phrase «bands act as support»

Because the bands act as support and resistance lines, a breakout of the price outside these bands is considered a potential trading possibility.

Not exact matches

Bollinger Bands ® are a Simple Moving Average with standard deviations of that moving average acting as the outer «bands,» or short - term support and resistance zBands ® are a Simple Moving Average with standard deviations of that moving average acting as the outer «bands,» or short - term support and resistance zbands,» or short - term support and resistance zones.
The fall below the trading band between 3,260 and 3,290 confirms that's no longer acting as a stable support level.
WiFi and Bluetooth make up the connectivity options with the ZTE V9 tablet that will otherwise also support GSM 850 and 1900 and 3G WCDMA bands making the tablet to also act as a phone if required.
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