Double top and double bottom is THE MOST unreliable formation and the laziest most worthless analysis in existance …but CNBC idiots like Guy “the dummy” Adami keep using it as a reason to buy or sell stocks…did you know that I BUY those so called double tops…stock hits a high, pulls back and breaks a new high…that’s a double top to them, but to me it’s the #1 buying area when I trade…80-85% of the time I profit with this formation…funny thing is when you study for a Series 7 exam “double top” is part of the test…Series 7 exams and exams required for licenses are way outdated..the information you need to study for is essentially worthless in terms of technical analysis…and all the options bullshit in these exams are worthless too..