*WEEKEND*_Bollinger Band Breakdown For These 3 Stocks

There are a countless number of metrics and chart indicators that technical analysts use to determine buy and sell signals in the stock market. One of the more popular tools available is Bollinger Bands.
 

Bollinger Bands were developed by famous trader John Bollinger. Bollinger bands consist of a dotted simple moving average (typically a 20-day average) and then a solid upper and lower boundary line plotted two standard deviations above and below the dotted line.

Technicians use a number of different Bollinger trading techniques, but here are three stocks that recently broke above their lower Bollinger boundary, a bearish short-term signal.