Double bottoms, and triple bottom

30 בנוב׳ 2022

Partern of double bottoms forming within an overal larger triple bottom almost complete. Double and triple bottoms indicate a change in trend to the upside after multiple failed attempts to break lower the selling pressure runs out and breaks high. I belive another short term leg down to an overall very strong breakout to new highs. Although to get the strong breakout it looks like another failed attempt of selling pressure needs to happen to complete that triple bottom formation.