InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,564.41
(
1.08%
)
US TECH 100
19,286.80
(
-0.09%
)
Dow Jones
40,415.44
(
0.00%
)
Brent Oil
81.16
(
-0.44%
)
Bitcoin
66,625.09
(
-1.44%
)
Post# of 32302
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

nopancakemix

Send PM Follow Ignore
Followers 0
Posts 813
Boards Moderated 0
Alias Born 03/25/2013

nopancakemix

Re: None

Tuesday, 05/13/2014 11:26:36 AM

Tuesday, May 13, 2014 11:26:36 AM

Post# of 32302
VAPE: Double Bottom at 2.60 / 2.67
http://stockcharts.com/h-sc/ui?s=VAPE&p=D&yr=0&mn=4&dy=0&id=p78823523656

Call me crazy but VAPE may have just bounced off a near perfectly executed double bottom with the first low at 2.60 and the second low at 2.67. For those who do not know, a Double Bottom is a bullish pattern. The pattern is in tact when the second low does not breach the first low. The first low indicates panic selling, the second low indicates indecision but less frenzied than the first low, giving way to traders/investors pouring back in because they regretted selling. From there the stock should have a decent run up.

"Emancipate youself from mental slavery, none but ourselves can free our mind"
-Bob Marley

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up