Replies to post #188216 on 1812 Brewing Company Inc (KEGS)

[CaptWhizbang]

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

[texasholdem]

Thing has been beat to death...Tom is responsible...he is CEO...his hurry to fill the empty shell with no respite or breathing room has left the PPS where it is...SWVC has no VALUE I dont care how many businesses are in the soup...it is WORTHLESS...

[CaptWhizbang]

Chart rules are seldom up for intrepretation. Predictions about future behavior is. Because there is a second bottom does NOT mean it is a Double Bottom Pattern. The current chart
does NOT meet the perameters or requirements of that pattern. Perameters ARE met for the Double Top..

You have to go deeper than wikipedia for the criteria......