The Double Bottom indicates a bullish reversal and bears resemblance to the W pattern. This chart pattern is formed after a downtrend, where two lows are observed below the resistance level, commonly known as the neckline.
Let's see whether Cathie Wood has made accurate predictions.
Price 1 Standard Deviation Resistance 8.64
Price 2 Standard Deviations Resistance 8.86
Price 3 Standard Deviations Resistance 9.03
1-Month High 9.45
Let's see whether Cathie Wood has made accurate predictions.
Price 1 Standard Deviation Resistance 8.64
Price 2 Standard Deviations Resistance 8.86
Price 3 Standard Deviations Resistance 9.03
1-Month High 9.45
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