TVE Stock Tennessee Valley Authority Power Bonds 1999 Series A due May 1 2029 (TVE, $21.74) price may drop as it broke higher Bollinger Band on May 16, 2024
This price move could be a signal that TVE may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 50 similar cases where TVE's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success: