If stock have double bottom pattern that mean stock going up or down

A double bottom pattern in a stock generally indicates a potential reversal from a downtrend to an uptrend. Here's why:

1. **Reversal Signal**: A double bottom pattern is considered a bullish signal, indicating that the stock may reverse its recent downward trend and potentially start an uptrend.
2. **Support Level Confirmation**: When a stock forms a double bottom pattern, it confirms that a support level has been established and tested twice, which increases the likelihood of a reversal. This is because the pattern indicates that there is significant support at the low point, which has been validated by the second bottom.
3. **Volume Confirmation**: The volume pattern often accompanies a double bottom, with a spike in volume during the two upward price movements, which further confirms the validity of the pattern and the potential for an uptrend.
4. **Market Psychology**: The double bottom pattern can also be influenced by market psychology. The second bottom can attract buyers who see the pattern as a buying opportunity, potentially leading to a rapid rise in price.

In conclusion, a double bottom pattern in a stock is more likely to indicate an upcoming uptrend rather than a continuation of a downtrend. However, it's important to note that this is not a guarantee of future performance, and traders should consider other factors and indicators to make informed decisions.