Waining Bearish Momentum on DOGS (Bullish Reversal Incoming)

I will use a classic signal to explain this one, because I can.

DOGS produced a double-bottom. Really high volume on the 3rd of February, much lower volume on the 25th. That's it. That's the classic signal and the entire analysis in summary.

Ok. You want to be entertained, correct?
Let's go further.

Look at the size of the candles, we are using the linear chart. It is necessary to have this setting to be able to spot this signal.

On the left side, the candles are really big. This big candles indicates momentum. To the right side, the candles are very small. This indicates a loss of momentum.

We have a down move with waining momentum. The loss of momentum means that the move is reaching its end. After a down move comes a bullish move, it is the only possible option because the market moves in only two ways, bearish and bullish, down and up. Wait, there is a third option, sideways...

So DOGS went down then sideways, down then sideways with waining bearish momentum.

DOGS will stop going down and soon will start to go up.
This is literally the message that is coming from this chart.
The chart is also saying, buy and hold.

Thanks a lot for your continued support.

Namaste.