Certainly looks like it is the front half of a rou
Post# of 72436
"DEFINITION of 'Rounding Bottom'
A chart pattern used in technical analysis, which is identified by a series of price movements that, when graphed, form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. This pattern's time frame can vary from several weeks to several months and is deemed by many traders as a rare occurrence."
http://www.investopedia.com/terms/r/roundingbottom.asp
![Like This Post](/images/thumb-up.png)
![Dislike This Post](/images/thumb-down.png)