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| Triple Top count 43 | Triple Bottom count 4 | Double Top count 53 | Double Bottom count 3 | Overbought Stocks count 68 | Oversold Stocks count 27 | Volume Shockers count 100 |
Double Top helps to know the immediate resistance level for a stock. The formation shows the 2 major high's of the stock over a period, from where it previously saw selling pressure. These levels act as a resistance level. Failure to again cross them (for the 3rd time), could result in some downside. It is often used by trades for mid/long term trades
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