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Technical analysts are always on the lookout for double top and double bottom patterns. Many traders and investors believe that these patterns are among the most reliable at predicting price moves.
The double top or bottom are reversal patterns, signaling areas where the market has made two unsuccessful attempts to break through a support or resistance level. A double top often looks like ...
Among their tools, triple tops and triple bottoms are standout reversal patterns ... triple top or just below the third trough in a triple bottom. Price reaching those levels is definitely a strong ...
A technical analyst said the turnaround in stocks on Monday could make for a bullish signal known as a "double bottom." ...
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