One of yesterday's "UPS" on the way UP
HLO 56 - 58p +2.50p
now moving on the right way as it BREAKS the axis 55.75p
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Charting is looking like doing a double Bottom ........

Double Bottom Chart Pattern
Introduction
A double bottom occurs when prices form two distinct lows on a chart. A double bottom is only complete, however, when prices rise above the high end of the point that formed the second low.
The double bottom is a reversal pattern of a downward trend in a stock's price. The double bottom marks a downtrend in the process of becoming an uptrend.
Double bottoms are often seen and are considered to be among the most common of the patterns. Because they seem to be so easy to identify, the double bottom should be approached with caution by the investor.