By Zak Mir | Sunday 8 November 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The concept of bottom fishing / bargain hunting also exits in technical analysis. We have a decent example of the genre with the present set up on the daily chart of United Cacao.