Volatility Breakout

  • October 26, 2001
  • Duke Heberlein

Periods of low volatility are almost always followed by higher volatility as
it reverts to its mean. Spotting a pattern along with low volatility can prove
to pay off handsomely.

 

10-23-2001

12:26:23

 Ballard Power (BLDP)
is staging a breakout above an angular triple top. BLDP is now up 2.70 at
27.27 and has a

3-month relative strength rating of 31 from TradingMarkets.com.

 

 

The stock is petering out now, but swing traders could have
caught the majority of a move of more than 7 points.

 

 

Volatility reverting to its mean is a method that has worked for
many successful traders over the years. If you have not already, put it to work
in your trading arsenal.

Have a great weekend!

Duke