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Triple Bottom

The pattern is formed by three downs (1,2,3), on the third drop it pushes past the support line formed by the first two.

The third column will drop past the support line an equal distance to that of the tops.

 
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o Microsoft 29.90 ▼0.31 (-1.03%)
o Google 628.93 ▲17.82 (2.92%)
o BRE 50.50 ▼0.83 (-1.62%)
o Yahoo 15.28 ▼0.12 (-0.78%)
NASDAQ:MSFT

Microsoft

Company ID [NASDAQ:MSFT] Last trade:29.90 Trade time:4:00PM EDT Value change:▼0.31 (-1.03%)
NASDAQ:GOOG

Google

Company ID [NASDAQ:GOOG] Last trade:628.93 Trade time:4:00PM EDT Value change:▲17.82 (2.92%)
NYSE:BRE

BRE

Company ID [NYSE:BRE] Last trade:50.50 Trade time:4:02PM EDT Value change:▼0.83 (-1.62%)
NASDAQ:YHOO

Yahoo

Company ID [NASDAQ:YHOO] Last trade:15.28 Trade time:4:00PM EDT Value change:▼0.12 (-0.78%)

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