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Getting The Dub: Recognizing The Double-Bottom Base Pattern

Getting The Dub: Recognizing The Double-Bottom Base Pattern

Now that you have learned about the cup with handle and some other bases in Investor's Corner columns, it's time for the double bottom. The depth and length of the double bottom are similar to those of the cup formation. If it does not, the weaker investors may not get shaken out, and you will be left with a more failure-prone "almost" double bottom formation.