HTX 0.00% 0.1¢ healthlinx limited

nice double bottom..., page-2

  1. 2,699 Posts.
    The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.

    Although there can be variations, the classic double bottom usually marks an intermediate or long-term change in trend.

    http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom
 
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