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Bull flag is a sharp, strong volume rally on a positive fundamental development, several days of sideways to lower price action on much weaker volume followed by a
General ideas while the construct of the pause in the trend is different for the flag and pennant, the attributes of the chart patterns themselves are similar
Bull and bear flags are one of the simplest and potentially profitable patterns in chart ysis generally, this is because one can achieve a dual edge in
Bullish pennant is a sharp, strong volume rally on a positive fundamental development, several days of narrowing price consolidation on much weaker volume followed by
A pennant bullish follows a steep, or nearly vertical rise in price, and consists of two converging trendlines that form a narrow, tapering flag shape
Flags and pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes these patterns are usually preceded by a