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Registered User
Joined: 8/21/2005
Posts: 9
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I only know MOBO as an abbreviation for motherboard (as in computer's motherboard).
Can you give me some context? Where did you come across this term?
- Craig
Here to Help!
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Registered User
Joined: 8/21/2005
Posts: 9
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Came from First Wave; I think it means Momemtum Breakout - he also mentioned LR30-30; is there a glossary of these terms? Reading the chat on ALlTcNet and Firstwave club is very esoteric at time. Would like to learn the language!
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You can send him a mail message through your TeleChart Platinum. He will be the one to ask.
- Craig
Here to Help!
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Mobo bands are Bollinger bands with the period set to
10 and the width set to 8 (instead of the usual 20 and
20).
I believe a buy signal is a close above the upper band
and the lower band is used as a stop. (for long signals)
Thanks
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Registered User
Joined: 8/21/2005
Posts: 9
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Dice, thanks very much! Haven't located a glossary of terms used here - which would be very useful! Lr30-30, MG182, etc. Very cryptic! But glad that there are helpful people willing to answer!
Thanks again!
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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MG182 is a ticker (industry average)
Watch this video:
Uncover the stocks driving the strongest industry groups
- Craig
Here to Help!
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