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[DRBHCOM] drbhicom: double bottom?

dear brothers, look at the chart. has double bottom been formed? really looking for advice. thanks in advance.
:) rogue trader
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first let me caveat my knowledge on TA... no qualification ok.
sometimes these things take patience... still haven't show the reversal. perhaps you are eager for the reversal of the double bottom to happen but it can't be confirmed yet although it sure looks like one. perhaps in a couple of days, it will show, but there is also no evidence of volume to support the reversal.
i would wait until the reversal happens with volume and about to pass or pass the confirmation line before i'd buy. even then, after the trendline is broken, the price might re-trace back to the trendline before inching upwards again.
but that's my observation, more than often wrong, so if i were you, i'd take it with a sack of salt !
i'm also learning, if i'm wrong in my interpretation, pls do let me know so that i don't shoot in the dark...
cheers.
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thanks a lot bro. i really appreciate that. it is a very good advice and a good reminder to me. thanks again. cheers.
:) rogue trader
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today the price close 2.06 above 2.02 we have to see tomorrow brother but you must have holding power be patient and I beleive the target will be above 3.00 long term
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cross my finger that volume stays. nice trending now. MACD still in positive region. yup, i am patient enough. lost some on this counter before but now with good position. thanks bro. :) rogue trader
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On the candlestick chart if u draw a line at the three highs of RM2.60, u will be able to notice a double bottoms has been formed. Since then the present price had penetrated this resistant line and created a higher high. However, lately due to profit takings prices 've retreated to last Fri. closing of RM2.65. Watch out for the SMA20 support line.
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