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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks
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To: Jim Goodman who wrote ()1/28/1998 9:37:00 PM
From: bruce bell  Read Replies (1) of 660
 
Jim;
Do you agree with this defining a double bottom as;
Where the stock's price hit two lows prices with and with a minimum of a 10% up price move between from those two lows taking

After this pattern occurs the price has to break above the 10% up move. If this happens the price of the stock will go up a minimum of the price different between the lowest low price and the 10% up move price. Any other pattern is not a confirmed double bottom.

Bruce Bell
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