The Bollinger Bands are narrowing for Emcore (EMKR) as the stock moves into a tight consolidation. The indicator window confirms as BandWidth dipped to its lowest level in over six months. This volatility contraction could give way to a volatility expansion. A move above 5.05 would trigger an upside breakout, while a move below 4.6 would break support. Careful here: low price equals high risk. You can learn more about Bollinger Bands in our ChartSchool.
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