This stock tends to form double-bottoms months apart. I'm projecting a 2nd pullback to give us our second bottom. This stock has has a very strong year and when it bottoms it bounces are hard and fast. To boot: it's a Swiss company wish gives you a bit of hedging against the dollar. Keep on your watchlist. Cheers!
Comment:
W-bottom. Time to bounce.
Comment:
Looking like a dead cat bounce.