A "Double Bottom" is a chart pattern that often signals a stock that was going down might be about to reverse and go up. ⬆️

This pattern looks like the letter 'W' 🇼. The price drops and hits a low, bounces back up a bit, and then drops a second time to a similar low point before starting to rise again. The important buy signal 🟢 happens when the price breaks out and moves above the middle peak of the 'W'. This breakout suggests that the downward trend could be over and a new upward trend might be starting. 🚀#DoubleBottom #TradingStrategies💼💰