InvestorsHub Logo
Followers 48
Posts 2716
Boards Moderated 0
Alias Born 03/17/2013

Re: tmonkey post# 13064

Friday, 11/21/2014 11:41:35 AM

Friday, November 21, 2014 11:41:35 AM

Post# of 51845
A double bottom occurs when prices form two distinct lows on a chart. A double bottom is only complete, however, when prices rise above the high end of the point that formed the second low. The double bottom is a reversal pattern of a downward trend in a stock's price