InvestorsHub Logo
Followers 33
Posts 1688
Boards Moderated 0
Alias Born 03/26/2014

Re: None

Friday, 05/26/2017 12:44:38 PM

Friday, May 26, 2017 12:44:38 PM

Post# of 20424
Good morning Tweetie birds, and what a fine morning it is for all you longs out there. I just want to share some double bottom chart info with you all to brighten your day. I expect TWTR will be breaking out on the upside big time soon. When you do the math on the TWTR chart, and I have, it all adds up. It's CONFIRMED ALREADY! SO RELAX AND ENJOY YOUR SUMMER:)

Time Frame for a Double Bottom Chart Pattern is as follows:
As with all chart patterns, a double bottom pattern is best suited for analyzing the intermediate- to longer-term view of a market. Generally speaking, the longer the duration between the two lows in the pattern, the greater the probability that the chart pattern will be successful. At least a three-month duration is considered appropriate for the lows of the double bottom pattern, in order for the pattern to yield a greater probability of success.



Read more: Double Bottom http://www.investopedia.com/terms/d/doublebottom.asp#ixzz4iCeQjvd3
Follow us: Investopedia on Facebook