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ASN General Discussion, page-21831

  1. 1,003 Posts.
    lightbulb Created with Sketch. 321
    I'll go with the ❤@W3hunter.

    it's still a DB, now we wait to see if we get the breakout or not.

    What Does a Double Bottom Tell You?

    https://www.investopedia.com/terms/d/doublebottom.asp

    In technical analysis of financial markets, a double bottom is significant in that it suggests an important low, or strong level of support, has been reached following a down move. While the double bottom low remains in place, price movement is likely to exhibit a retracement higher and possibly indicate the beginning of a new uptrend.2 By the same token, a drop below the double bottom lows in subsequent periods suggests the downtrend is resuming and the bears have reasserted their primacy.

    GLTAH

    Tab

 
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