FOX Translator
No data currently available.
No data currently available.
SYMBOL
TITLE
Sounds kind of dirty, right? Actually, it's because of a clean visual that technical analysts use this term. Technical analysts like charts (hence their nickname of "chartists"), and they like to give certain patterns they see neat little names.
Such is the case with the double bottom, which looks on a chart like, well, a double bottom. Think of three mountains (on a chart reflecting a rise in values) separated by two valleys (representing dips in value). The troughs of the valleys, and the size of the first two peaks, are generally the same, so the chart looks like the letter 'W.' The appearance of those two valleys represents a double bottom.
So what? Well, if you're one of those folks who believes in the power of the charts, seeing a double bottom suggests a long-term trend is about to reverse. So, if a stock chart shows shares falling for several months, then seeing a double bottom, chances are good (according to the chartists) that the shares will rise. And vice versa.
But, beware: charts can be a great tool, but they're more art than science. Use any charts with caution.
Jenna Lee
- Personalities
- Alexis Glick
- Neil Cavuto
- David Asman
- Cheryl Casone
- Dagen McDowell
- Liz Claman
- Adam Shapiro
- Ashley Webster
- Charles Payne
- Cody Willard
- Connell McShane
- Dave Ramsey
- Elizabeth MacDonald
- Eric Bolling
- Jeff Flock
- Jenna Lee
- Nicole Petallides
- Peter Barnes
- Rebecca Gomez
- Rich Edson
- Robert Gray
- Sandra Smith
- Shibani Joshi
- Stuart Varney
- Tom Sullivan
- Tracy Byrnes
- On Air
Jenna Lee
Jenna Lee joined the FOX Business Network as an anchor in September, 2007, coming from Forbes.com, where she served as
a news anchor and reporter.
While there, Lee conducted interviews with various leaders in the business community, both
on-set and in the field, and covered multiple beats, including investing, the leisure industry, alternative business practices
and international news.
Prior to her stint at Forbes.com, Lee worked for NY1, serving as a reporter and a segment producer
for Fortune Business Report. While there, she also served as an associate producer for Inside City Hall, a live nightly politics
program, and as a writer for their morning newscast.
She is a graduate of the University of California with a Bachelor of Arts in English and Global & International Studies. She also holds a Master of Science degree in Journalism from Columbia University.
What was your first job?
My
first job was working in an apple orchard. My brothers and I were paid based on the number of bags we could fill.
Are
you a spender or a saver?
I save for a rainy day but when it rains, I don't mind spending!
What
was the one thing you regret buying?
In hindsight, the money I poured into buying parts for the 1963 Chevy Impala I
drove in college.
What was your biggest money indulgence?
My biggest indulgence
was a round-trip ticket to Nepal, where I went trekking in the mountains for three weeks.
What
was the best money advice you received?
Always take your receipt!
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
