RVR 0.00% 7.3¢ red river resources limited

Break of of downtrend line and two swing point highs after...

  1. 408 Posts.
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    Break of of downtrend line and two swing point highs after double bottom chart pattern.
    I would conclude that the correction is probably over for the time being.

    Minimum profit target for double bottoms is:
    Height of pattern + (Height of Pattern - Low of Pattern) = 0.20 + (0.20 - 0.17) = 0.23

    Daily Bar Chart
    RVR Daily Trendline Break 2017-05-23.png
 
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