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Double Bottom or Not


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#1 redfoliage2

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Posted 21 August 2007 - 07:07 AM

Those double bottomed:
http://stockcharts.com/c-sc/sc?s=$RUT...1059&r=5881

http://stockcharts.com/c-sc/sc?s=$BKX...1059&r=5736

Those may not have to:
NAZ Island reversal:
http://stockcharts.com/c-sc/sc?s=$COM...81059&r=944

SPX:
http://stockcharts.com/c-sc/sc?s=$SPX...81059&r=376

Edited by redfoliage2, 21 August 2007 - 07:12 AM.


#2 tommyt

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Posted 21 August 2007 - 09:05 AM

not only did they double bottom, but they have fantastic bullish divergences on that 2nd low...there are many stocks that look like that.

#3 redfoliage2

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Posted 21 August 2007 - 09:41 AM

not only did they double bottom, but they have fantastic bullish divergences on that 2nd low...there are many stocks that look like that.

That's right. Especially with RSI bullish divergence. :D