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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.
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Wednesday, June 25, 2008
Agilent Technologies' GoldenGate Simulator Chosen by Renesas Technology to Expand its RF Design Environment
Comtex
SANTA CLARA, Calif., Jun 25, 2008 (BUSINESS WIRE) ----Agilent Technologies Inc. (NYSE: A) today announced that Renesas Technology Corp. has selected Agilent's GoldenGate EDA software to expand its RF design environment. The multiyear agreement includes product licensing and support for the GoldenGate simulator. Renesas already designs its RF circuits using Agilent's Advanced Design System. Adding the GoldenGate simulator will extend the company's design and simulation capacity.
"We believe GoldenGate enables us to perform large-scale simulations that were impossible to simulate in the past," said Hisaharu Miwa, general manager, Design Technology div., LSI Product Technology Unit of Renesas Technology. "With GoldenGate, we can perform several difficult evaluations, such as post-layout circuit simulation including parasitics."
Agilent's GoldenGate software is an advanced simulation and analysis solution for integrated RF circuit design. Its unique simulation algorithms are optimized for the challenging demands of today's complex RF circuit design, enabling full characterization of complete transceivers prior to tape-out. To ensure device manufacturability and reduce design spins, GoldenGate takes advantage of both frequency-domain and time-domain simulation capabilities to perform necessary analyses on today's RF devices.
"We are pleased Renesas has chosen GoldenGate for design of their state-of-the-art RF products," said Marc Petersen, product marketing manager with Agilent's EEsof EDA division. "We will continue to work closely with Renesas' design engineers to help them optimize their design environment with Agilent EDA software."
For more information about GoldenGate visit www.agilent.com/find/eesof-goldengate.
About Agilent EEsof EDA Software
Agilent EEsof EDA is an industry-leading provider of RF-mixed signal circuit and system-design software. The software is the result of more than 30 years of innovation by the world's premier RF design and software development engineers, who focus on understanding and solving designers' problems. Agilent EEsof EDA software is compatible with and is used to design the company's test and measurement equipment. Additional information is available at www.agilent.com/find/eesof.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is the world's premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis. The company's 19,000 employees serve customers in more than 110 countries. Agilent had net revenue of $5.4 billion in fiscal year 2007. Information about Agilent is available on the Web at www.agilent.com.
NOTE TO EDITORS: Further technology, corporate citizenship and executive news is available on the Agilent news site at www.agilent.com/go/news.
SOURCE: Agilent Technologies Inc.
Agilent Technologies Inc. Janet Smith, +1 970-679-5397 janet_smith@agilent.com
Copyright Business Wire 2008 ********************************************************************** As of Saturday, 06-21-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated an UPTREND on 05-13-2008 for A @ $32.25. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
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