Don't be fooled by the 4.6% gain on Mar 28 (last trading day of March). Unless it is followed by another day of further upside, I believe that it would need to go down more to finish the WXY correction. The same pattern with the IWM and other small caps.
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In terms of any...
V bottoms do have a true handle but there is a channel of support that has formed..
V bottoms come down in an almost straight channel as a rule and go back up the same way, without a lot of pauses...The trend back up is almost a mirror of the trend down. Price drops at an almost 45 degree angle. There is also a V top.
When dealing with a V bottom, price forms...
![MHO: [TRADE IDEA] MHO STOCK BULLISH](https://s3.tradingview.com/n/NjCBveGA_mid.png "[TRADE IDEA] MHO STOCK BULLISH")
