Liquidmetal Technologies Inc (LQMT)

[Base2Final]

Each candle represents a week and I chart most of my stocks on Friday.
The beginning of the chart is September 2013 and the low point is at the beginning of 2016 so there is quite a bit of data to look at! I can go further out if anyone is interested but it may not be of any value except to the quizzical.

The formation to which you refer is called a "rounding bottom" which can be seen here:

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rounding_bottom_reversal

or here:

http://thepatternsite.com/roundb.html

Note I do not track this formation on this chart because of the huge amount of time it encompasses. Perhaps though, I should.

Sometimes, rounding bottoms become a cup and saucer pattern which can be even more bullish but it tends to cause some bulls to sell too soon in the saucer.

I will update the chart and post as needed, and please point out anything you think I may have missed.



Both of the above sites are probably the best pattern sites currently.