Saturday, April 17

Chart Pattern -I

Double Tops:
A double top is a reversal chart pattern which is defined by a chart where a Stock makes a run up to a particular level, then drops back from that level, then makes a second run at that level, and then finally drops back off again.
In its most basic sense what the double top pattern is saying about supply and demand forces is that demand is out pacing supply (buyers are winning) up to the first top causing prices to rise, and then the …
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