Looks like you have been cured.
And talking about bottoms, why do chartists complicate things ?
The price of BHP went up 62 cents today.
I dont care whether in the process of doing so the BHP chart formed a triple-fat-bottom-doji-candlestic-candle.
I can see that the price went up 62 cents myself.
What I want to know is which is the more accurate price.
If BHP is worth $20, yesterday's price was more correct.
If BHP is worth $30, today's price is moe correct.
Do you want me to get more controversial ?
1) You buy BHP for $20. BHP is worth $30. You sell at $25. You made a loss.
2) You buy BHP for $30. BHP is worth $20. You sell at $25. You made a profit.
Its all about figuring out how much things are worth folks !
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