Bollinger Band Squeeze on SLI

SLI is tightening or narrowing its Bollinger Band now. It has been trading near its 52-week low for quiet sometime now. Will there be a spark for SLI in the coming days? Note that narrowing bands do not provide any directional clues. They simply infer that volatility is contracting and chartists should be prepared for a volatility expansion, which means a directional move.

Caveat!

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