This is again part of your charts which you can use to make profit in intraday trading. In fact, one way to learn intraday trading is to watch for higher tops and lower bottoms in a chart. Normally higher tops are a bullish signal and they get ratified if they are supported by higher bottoms. Similarly, lower tops are a bearish signal and that gets ratified if there are also lower bottoms. They can be seen with the naked eye if you take a slightly longer chart. If the stock price chart is making consistently higher tops, then intraday traders must use every dip to buy. If the chart is making lower bottoms then use every bounce to sell. The intraday trading tip is that if higher tops are also supported by higher bottoms, then the trend is confirmed.