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Double Bottom

When the price breaks the neck line, the buy singal is valid.  

 

08/29/07 05:26:56 PM -0700

Double bottoms are formed when the price forms two valleys.  The price can't go below a certain level. 

This indicates that a reversal is about to occur.  In this situation, we would place an entry buy order above the neckline.  The price breaks the neckline and continues to move up.

double_top.htm < -- > Head and Shoulders

Last Updated:
Sunday, October 07, 2007 10:27:33 AM -0700

 

 

 

 

 

 


 
 

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