Euromoney  Jul 12  Comment 
A wave of regional mergers will be the nail in the coffin of the small banks and credit unions.
New York Times  Jul 12  Comment 
A police officer who appeared to ignore the woman’s pleas for help has also resigned from the Forest Preserve District of Cook County Police Department.
New York Times  Jul 10  Comment 
The Illinois officer, now under investigation, appears to ignore a woman’s pleas for help as a man harasses her over her Puerto Rican flag shirt.
Financial Times  Jul 5  Comment 
Some businesses say they have ‘scaled back or postponed’ spending
The Hindu Business Line  Jul 5  Comment 
Seek more flexibility in the order, time for compliance
New York Times  Jul 2  Comment 
Antonio Halili had his police force round up drug suspects and parade them in Tanauan City in a “walk of shame” campaign. He was later accused of protecting drug syndicates.
Financial Times  Jun 28  Comment 
Summit Trail argues big institutions are the ‘enemy of good performance’
Yahoo  Jun 25  Comment 
President Donald Trump accused Harley-Davidson Inc. of surrendering in his budding trade war with the EU after the company said it would relocate production outside the U.S. in response to European retaliatory tariffs. “Surprised that...
The Economic Times  Jun 25  Comment 
Depending upon the nature and severity of noncompliance, companies can face fines up to 4% of annual turnover or €20 million, whichever is higher.


A flag is a charting pattern that looks like a flag with a mast on either side. Flags result from price fluctuations within a narrow range and mark a consolidation before the previous move resumes. Likewise, "pennant" formations are usually treated like flag formations because they are very similar in appearance, tend to show up at the same place in an existing trend, and have the same volume and measuring criteria.

Flags and pennants are among the most reliable of continuation patterns and only rarely produce a trend reversal. The only difference between the two patterns is that a flag resembles a parallelogram (or rectangle) marked by two parallel trend lines that tend to slope against the prevailing trend. The pennant, however, is identified by two converging trend lines and more horizontal which resembles a small symmetrical triangle. They are both characterized by diminishing trade volume and though different, the measuring implications are the same.

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