Flag and Pennant - Definition

Trading Model characterized by an upward movement with a large slope followed by a period of consolidation. Considered a bullish pattern overall, because the model is expected to continue rising.

Terms near "Flag and Pennant"

Flat on a failure
Floating Interest Rate
Force Majeure
Foreign Currency Effect
Foreign Exchange (Forex)
Forward Contract
Forward Points
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Flag and Pennant - Related articles & news

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