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triple bottom investment & finance definition
A
pattern on a price chart that is characterized by three moves down, each of
which is followed by a move up that roughly equals the move down. It looks like
a mountain range with three valleys. The triple-bottom pattern is complete only
when both peaks have been broken on heavier volume and the price rises sharply.
The price rise will typically equal the distance on the price chart between the
triple bottom and the trough.
See triple bottom in Wall Street Words