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Re: Lectroneq post# 188216

Thursday, 07/10/2008 1:55:50 PM

Thursday, July 10, 2008 1:55:50 PM

Post# of 250211
Because there is a second bottom does not mean that it is a Double Bottom Pattern, only a second bottom. Appointing a pattern name brings along with it predictions and expected behaviors.

Though a second bottom, it is NOT a Double Bottom Pattern; an important distinction being missed here.

It is a Double Top Pattern, unconfirmed as yet, though close.
http://stockcharts.com/h-sc/ui?s=SWVC&p=D&yr=2&mn=0&dy=0&id=p09429893110&a=135869212&listNum=1





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