Bixley

NTGR - Strong Double Bottoms

NASDAQ:NTGR   NETGEAR, Inc.
NTGR can be seen forming again another strong double bottom
This one is contained within a down channel rather than an up channel in the first scenario
With the second bottom point being bullish in the first situation, lets see if its bullish in the second situation (Down channel). Placing NTGR for me in a bullish position.

The bottom line of the first up channel may be extended and act as support for the second double bottom
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