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JBlack99
May 20, 2021 9:49 PM

CLDR Possible Double Bottom forming Long

Description

Price reaching $13.67 - the high of the peak between the two lows either side - will be a confirmation of the double bottom and present a buying opportunity.

However, this pattern is appearing on quite a few NASDAQ charts right now so watch out for over-correlation if you're seeing and then buying lots of the same patterns. Try and avoid stocks that behave in the same way.
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