The cloud-based call center platform Five9 (FIVN) has a group of charts that suggest we are witnessing a double-bottom pattern. Let's check it out.
In this daily bar chart of FIVN, below, I can see the prices made a low in November and then rallied into February. Prices declined to a second slightly higher low in May. FIVN has rallied above the 50-day moving average line and is poised to rally to the 200-day line, I believe.
The trading volume was heavy in October and November and again this May, suggesting more investor interest at the two lows. The On-Balance-Volume (OBV) line made lows in October/November but a modestly lower low in May. The Moving Average Convergence Divergence (MACD) oscillator made roughly equal lows in March and May and is not far below the zero line now.