A VERY POWERFUL AND SOLID PATTERN

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…yesterday’s correction created the conditions for the formation of a double bottom which is a very powerful and solid figure in a bullish view of the trend. This can be seen on the sector charts but this pattern can also be found on many individual stocks. The resilience and reaction from these levels will be a very favorable signal for the resumption of the uptrend.

Here, for example, you can see a sector stock (CDE) that presents a very similar chart and that presents the conditions for a very performing reaction in terms of upside potential

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