What is a 'Double Top'
A double top is a chart pattern, characterized by two consecutive peaks in price, that signals a potential bearish reversal of an uptrend.
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BREAKING DOWN 'Double Top'
The double top chart pattern is considered to be an indicator of an intermediate- or long-term reversal in price. After two attempts by bulls to push the price above key resistance levels, many bulls may capitulate and bears often take control over the market price.
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CLA chart, page-1392
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.71M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $27.99K | 2.799M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 11551939 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1963087 | 5 |
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| Last trade - 11.03am 01/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |