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BottomRefers to the base support level for market prices of any type. Also used in the context of securities to refer to the lowest market price of a security during a specific time-frame.Bottom Similar MatchesRising bottomsRising bottomsChart pattern showing an increasing trend in the daily low prices of a security or commodity. Bottom fishingBottom fishingAn approach to stockpicking which focuses on the search for shares whose prices have dropped so low that they represent excellent value, even if the prospects for the company are not great in the short term. Double bottomDouble bottomA reversal pattern in technical analysis.Technically, it is an decline to one price level, followed by a small rally which represents the cleft between the bottoms, followed by a decline to roughly the same level as the first bottom, followed by a clear uptrend.On a chart a double top looks like the letter 'W'. Bottom fisherBottom fisherAn investor seeking stocks that have fallen to prices at or near their bottom, which he or she believes will trend up in the future. |
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