Flipping a graph like this is certainly one the most retarded ways I've seen to do analysis, made me laugh. Also you should probably review the definition of a dead cat bounce.
There are differing definitions, investopedia doesn't require a dead cat bounce to result in the price going to zero. It only requires the price to drop below its prior low after a little bounce.
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INVESTOPEDIA EXPLAINS 'Dead Cat Bounce'
A dead cat bounce is a price pattern used by technical analysts. It is considered a continuation pattern, where at first the bounce may appear to be a reversal of the prevailing trend, but is quickly followed by a continuation of the downward price move. It becomes a dead cat bounce (and not a reversal) after price drops below its prior low.
A dead cat bounce is a price pattern used by technical analysts. It is considered a continuation pattern, where at first the bounce may appear to be a reversal of the prevailing trend, but is quickly followed by a continuation of the downward price move. It becomes a dead cat bounce (and not a reversal) after price drops below its prior low.
This is one of my favotite diagrams showing a dead cat bounce. I like the way the cat's drawn.
