EXR 8.33% 13.0¢ elixir energy limited

Sorry guys but what your seeing doesn't constitute a double top,...

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    Sorry guys but what your seeing doesn't constitute a double top, as with all patterns certain criteria need to be met to confirm its status and as shown below this isn't even close. A top needs to be formed and a down trend established before the next top is created and as explained the longer the time frame the more brutal it will be, usually retracing between 150-250%. That wont be happening here, if you would like more info I am happy to post more details on how to trade them, this is the charting thread after all.

    https://hotcopper.com.au/data/attachments/3079/3079981-1242d53b6e44424b7489694e34d2e7ad.jpg

 
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