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Re: Screech691 post# 43956

Thursday, 04/07/2022 9:41:43 AM

Thursday, April 07, 2022 9:41:43 AM

Post# of 54300
"Triple bottom" explained:
When a ticker fails to continue growing and drops in value to a certain level or value it is called the "Lows"
When a company or ticker moves off the lows to higher levels of value but eventually returns to the prior lows it's called a "Double bottom"
So as yo may have guessed a "Triple bottom" is when a company or ticker which failed to hold it's gains the first time and the second time eventually either finds a reason to finally move off that 3 times touched low for good or the Price Per Share drops through that low for the same reasons it wouldn't hold it's prior gains. "But, but, but! that guy said it was a "Triple bottom" he didn't say it could go lower!" lol