Use advanced tools to confirm the Double Bottom on TT before you trade.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
Gradual reversal from bearish to bullish.
TT is showing interesting structural developments at $448.56. The stock is trading at $448.56, down 0.69% on the day. Price action has carved out a classic Double Bottom. Volume is average (0.31x avg) with moderate trend strength (32.8). A potential breakout level is identified at $503.47, targeting $561.91 with support near $474.25 (R:R 2.0).
What is your outlook on TT?