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blackstns

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blackstns

Re: $oldier Hard post# 52805

Friday, 06/01/2007 12:56:11 AM

Friday, June 01, 2007 12:56:11 AM

Post# of 162847
check this link: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_r...

here is the quick defn:
Double Bottom (Reversal)
The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.


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