What is the meaning of Double bottom?

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Double bottom is a term used in technical analysis to refer to the drop of a stock's price, a rebound, and then a drop back to the same level as the original drop.

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APABarry Goldsmith. (2010). Double Bottom. Retrieved September 21, 2026, from http://smartdefine.org/double_bottom/definitions/1152362
ChicagoBarry Goldsmith. 2010. "Double Bottom" http://smartdefine.org/double_bottom/definitions/1152362 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, Double Bottom, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/double_bottom/definitions/1152362>.
MLABarry Goldsmith. "Double Bottom" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/double_bottom/definitions/1152362>