lowtrade

[lowtrade]

Think of it this way. If sentiment can't swing positive phycology after a single bottom bounce, then double bottom bounce and it retraced to bottom again. Why think a third try will get new investment continuation interest, it didn't get before. It's a bit twice / fooled twice thing. Most don't go back a third time expecting different results.

Triple bottoms turn into bottom channels most of the time. This is not bad. As channels are most reliable after 3 touches of a support line. One can trade the channel.

And MINE's channel would be 30%. .006 to .008 If one get 20% a nice play.
http://stockcharts.com/h-sc/ui?s=MINE&p=D&yr=0&mn=3&dy=0&id=p43600063053