Stocks with Triple Bottom Pattern
↑ BullishThe Triple Bottom is an even stronger reversal signal than the Double Bottom. It forms when the price tests a support level three times without breaking through, indicating very strong buying interest at that level.
Timeframe:0 stocks found
Frequently Asked Questions
Is a Triple Bottom stronger than a Double Bottom?
Yes, a Triple Bottom is generally considered a stronger reversal signal because the support level has been tested and held three times, demonstrating significant buying interest.