@Sansebastian do you have an example of a stock where you can clearly see where a bottom is forming / or where the bottom is already in? Which program do you use to look at the charts?
@Sebbster I use TradingView. A good example is $DB1 The daily or even weekly chart clearly shows that the €200 range has been touched twice. The last high was €234. This has now been exceeded. This results in a double bottom, i.e. a bottom formation. This increases the probability of rising prices.
