A double-bottom base is a chart pattern commonly used in technical analysis to identify a solid reward-to-risk zone in a stock. Double-bottom base structures take on a shape like a letter W and have ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he has extensively covered business and tech news in the U.S. and Asia. He has produced multimedia content that ...

Stock Market Winners Often Take Flight In The Base-on-Base Pattern ...

A W pattern, also known as a double bottom, is a bullish reversal chart pattern. It signals a potential change from a downtrend to an uptrend, and it’s a fundamental skill in technical analysis. The ...