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Double Bottom Breakout
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POLYPLEX CORP
(
NSE:POLYPLEX
)
PrasantaP
NSE:POLYPLEX
POLYPLEX CORP
Trend Analysis
Chart Patterns
6
0
trendanalysis
chartpattern
The double bottom pattern is a bullish reversal pattern that occurs at the bottom of a downtrend and signals that the sellers, who were in control of the price action so far, are losing momentum. In this pattern Bottom 2 low act as a Stop Loss .
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