lowtrade

[lowtrade]

PS:

I don't like single or tripple bottom turns! See more fail then win. Double bottoms are the fast money style play. IMO

First attempt, longs weary because of history & feeling they've been lied too. This move usually turns back because of last chance sell long hold on any pop mindset!

The second time, weak handed longs are out. So new blood can continue the emotion run, without a profit taking selling day resistance.

Tripple bottoms don't work well because, those watching, just don't believe the move will continue, because it failed twice before. Support doesn't come!