"Double bottom". The view of a technical expertise when the rate had been twice reduced at a certain level, and after rose again
A reversal type chart pattern distinguished by two successive declines, both terminating at approximately the same level. When completed, accomplished by a rise on volume above the high between the two lows, the pattern often resembles the letter .
The opposite of a double top. When price declines once to a level then rebounds, and over a period of time once again declines to the same approximate level then rallies above the peak between the two troughs a double bottom is confirmed at the two equal price lows. This can be likened to the shape of a 'W'. A target can be generated by measuring the distance from the lows to the peak and projecting this value upwards from the intervening peak.
A price reversal price pattern following a prolonged decline. It consists of two lows that develop around the same level. The second should be accompanied by considerably less volume than the first. The pattern is completed when the price rallies above the high separating the two lows. This breakout should be accompanied by relatively heavy volume.
technical analysis term for two successive declines to the same price level. also called W formation. opposite of double top.
A vessel with a double bottom has both an inner and an outer bottom. This is a safety feature should the vessel run aground. The outer bottom provides some protection for cargo and bunker tanks, thereby reducing the chances of environmental pollution from cargo and bunker spills.
A decline or advance twice to the same level (plus or minus 3%). It indicates support or resistance at that level and is a reversal pattern.
a bullish reversal pattern that apears when a stock fails to break through support, rises back up to a level of resistance and the fails to break through support again
a term from technical analysis which is a bullish indicator, which in this case argues for much higher long-term interest rates
Compartments at the bottom of a ship between inner bottom and the shell plating, used for ballast water, fresh water, fuel oil, etc.
A figure of a technical analysis when the Forex rate fell on some level twice, and then again rose.
price action that resembles the letter "W" in which price declines twice stop at , or near, the same lows.
A common reversal pattern in which price prints a new low, reverses into a rally and returns once to test it before moving higher.
Price action that resembles a W in which price declines stop at, or near, the same lows twice.
A term in technical analysis showing a drop in price, then another rise to the same level. If a stock does not penetrate this level on the downside it is said to have found a support, and should start moving upwards.
Sometimes called the "W" formation, a double bottom is when prices rally, fall back to previous lows, and then take off again.
Used in technical analysis, it is chart pattern of a stock's prices showing a drop in price, then a rebound, then another drop to the same low price. The pattern usually means the stock has support at that low price and should not decline further. However, if the stock's price does drop through that same low price, the security is expected to reach a new low. See: Double Top; Technical Analysis
A bullish reversal pattern characterized by two lows at roughly equal value.
A situation where the price of a security has twice declined to its support level and risen again. It indicates a demand for securities at that level.
When a security has twice declined to its support level.
A double bottom is a chart pattern that occurs when prices form two distinct lows on a chart. A double bottom is complete, when prices rise above the highest high of the pattern. (See more information on the Double Bottom Pattern).
general term for all watertight spaces contained between the outside bottom plating, the tank top and the margin plate. The double bottoms are sub-divided into a number of separate tanks, which may contain boiler feed water, drinking water, fuel oil, ballast, etc.
A double bottom is a ship hull design and construction method where the bottom of the ship has two complete layers of watertight hull surface: one outer layer forming the normal hull of the ship, and a second inner hull which is somewhat higher in the ship, perhaps a few feet, which forms a redundant barrier to seawater in case the outer hull is damaged and leaks.