I don't know if there is a specific, (or exact) time limit for the price to trade sideways, or consolidate to cancel out the double bottom from being effective.
I seriously think we could consolidate, creating a flag pattern for a couple of weeks yet. And we could still have the double bottom rules in effect if it were to sustain a price above .42 for at least a week.
I believe you'll see the price start moving upward around the beginning of June in expectation of the June 8th investor's conference.
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