Coming Late: Buying Double Bottoms During Bearish Price Action by Pawel Kosinski
This pattern can present a good buying opportunity for stocks. Here’s what to look for.
"Should I buy now? How about now?" The double bottom pattern can present a good time to buy a stock. I’ve written about this pattern before in this magazine (see “Further reading” at end). I wanted to take advantage of the recent bearish action in many stocks to put this pattern to the test ...