double bottom


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double bottom

[¦dəb·əl ′bäd·əm]
(naval architecture)
A ship bottom with space between the inner and outer plating.
References in classic literature ?
Unless built upon piles, like Notre-Dame, a palace, a fortress, a church, had always a double bottom.
On a closing price basis there might be a chance for a double bottom pattern if there is a bounce that can hold together.
A possible double bottom trend reversal pattern is setting up in the daily chart of Arabtec Holding.
Analysts said a double bottom has been formed in Saudi's Tadawul index, indicating bullishness.
50-52 dirham, where it peaked in May this year and March 2012, triggered a double bottom formed by the 2011 and 2012 lows.
The Tadawul All-Share Index (TASI) reflecting the double bottom at 6,852 points level yesterday crossed the breakeven line to close in the green at 6,888.
Double Bottom and Trend line breakout: The EUR-USD bounced off an old resistance trend line, using it as support form a Double Bottom seen in the 1H chart, in the grey.
SOLF is up about 3% in pre-market trading and continues to look bullish after a recent double bottom base breakout above 9.
Yesterday's retest of levels at 4,898 may have formed a double bottom which could help the FTSE to bounce higher from here," said Joshua Raymond, market strategist at City Index.
Both new as well as modernized tanks have the leakage problem in the space between double bottom and the corrosion problem within this space.
We have a double bottom line; we make profits, but our other bottom line is the social input we make into communities.
To that end, he was in town last week promoting his Double Bottom Line Initiative, which invests state employee pension equity into urban real-estate developments through public-private partnerships.