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The double bottom reversal pattern is similar to the double top reversal pattern, but it goes in the opposite direction. What Is the Double Bottom Reversal Pattern? -It’s a reversal pattern or bullish pattern -Begins with a downward pattern and typically ends with an upward pattern -There can be double tops or triple tops between
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Check out the companies making headlines before the bell: Morgan Stanley – Morgan Stanley reported third-quarter profit of $1.27 per share, beating estimates by 16 cents a share. Revenue also beat analysts’ forecasts. Chairman and CEO James Gorman said the quarter was a strong one despite a typical summer slowdown and volatile markets. Honeywell – Honeywell
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Back during  Sony’s (NYSE:SNE) tough days, I personally witnessed the dramatic rise and influence of GoPro (NASDAQ:GPRO). At the time, I was a senior business analyst tasked with increasing Sony’s digital camera market share. From a product perspective, GPRO had the better ideas. But I’m glad I invested in SNE rather than GoPro stock. Source:
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Denver money manager Fred Taylor of Northstar Investment Advisors. Source: Northstar Investment Advisors Managing investments in a year fraught with headline risks requires a sound strategy and the conviction to stand by it, but also the flexibility to take advantage of fast-changing market conditions. Denver money manager Fred Taylor has long focused on companies that
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Check out the companies making headlines before the bell: American Express – The financial services giant earned $2.08 per share for the third quarter, 5 cents a share above estimates. Revenue also came in above analysts’ forecast. American Express also forecast current-quarter revenue growth of 8% to 10%, compared to a consensus estimate of 8.9%.
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