RE:Double bottomYes - I am getting quite tempted (the only thing holding me back is already am above a full position). This time though the bottom is supported solidly by the compony fully intending to buy back the full allotment of their NCIB and currently have an average repurchase price above current levels..
Puma1back wrote: Looking at the chart it seems we may be doing a double bottom off the Q2 news .
the RSI is in the dog house and about or below 25 but at the same time , and different from the last RSI at this level , there is an accumulation of the stock as opposed to net distribution.
That low of December as a fund(s) dumped was $4.33 although the low close was more like $4.46