Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[John NY]

just to clarify, when you say 'breakouts,' i think you are saying that they are breakdowns or failures of the double bottom, for more downside; and the 'reversal' is a retracement starting up from the breakdown/failure of the double bottom back to the support/resistance line formed by the 2 bottom points; or is 'reversal' starting from the support formed bythe double bottom, thus the double bottom is proven correct as a bottom formation with price rising/reversing to upside? why isn't this double bottom breakdown simply a lower low? climactic volume on the prior low?