new lows

What Do The Three Bottoms Of The Triple Bottom Line Mean?

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What Do The Three Bottoms Of The Triple Bottom Line Mean? While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there’s strong support in place and bears may capitulate when the price breaks

What Does A Triple Bottom Mean?

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What Does A Triple Bottom Mean? Volume: As the Triple Bottom Reversal develops, overall volume levels usually decline. Volume sometimes increases near the lows. After the third low, an expansion of volume on the advance and at the resistance breakout greatly reinforces the soundness of the pattern. What does a triple bottom signify? A triple