RECENT NEWS
Red Flag in Bank Lending?
Bankstocks.com  3 hrs ago  Comment 
U.S. bank lending stumbled in the first quarter after nearly a year of growth, raising fresh questions about
[$] Red Flag in Bank Lending?
Wall Street Journal  May 24  Comment 
U.S. bank lending stumbled in the first quarter after nearly a year of growth, raising fresh questions about the economic recovery.
[$] Red Flag in Bank Lending?
Wall Street Journal  May 24  Comment 
U.S. bank lending stumbled in the first quarter after nearly a year of growth, raising fresh questions about the economic recovery.
Flag Resources (1985) Limited Announces Appointment
Business Wire  May 24  Comment 
On behalf of Flag Resources (1985) Limited, Murdo C. McLeod Co-Founder and President of the company has appointed Rodney J. Snider as Chief Administrative Officer as of May 12, 2012. Mr. McLeod has signed an Incumbency Agreement making Rodney J.
Ford gets the green flag from rating firms
The Globe and Mail  May 23  Comment 
Moody’s blessing long overdue as cost cutting has had auto maker purring for three years
Hayes faces milestone with an eye on the flag
Sydney Morning Herald  May 23  Comment 
Lenny Hayes believes the Saints' premiership window is still open in possibly his last year at the club.
I can be part of Saints' AFL flag: Hayes
Sydney Morning Herald  May 23  Comment 
The Red Flag Group Appoints Adrian McBride as Executive Director and Vice President
Business Wire  May 23  Comment 
The Red Flag Group, a leader in corporate governance and compliance, has named Adrian McBride as Executive Director and Vice President, responsible for the firm’s expansion strategy. McBride moves into this role from a non-executive position within
RCom's Flag Tele to hold roadshow in Singapore
The Hindu Business Line  May 22  Comment 
First round of global roadshows for the listing of Reliance Communication's (RCom) undersea cable unit Flag Telecom on the Singapore Stock Exchange is likely to begin next week, banking sources sa...
The Red Flag Group Announces Over 140 Percent Revenue Growth on Last Year as It Expands Internationally to Answer the Call for Leadership in Corporate Compliance
Business Wire  May 15  Comment 
The Red Flag Group, a global professional services firm in the areas of corporate governance and compliance, today released its 2011 Annual Report. The report details another banner year for the company, which continues to grow its business
Waving the White Flag
FX Street  May 14  Comment 
Viva Los Rescates Financieros de los Bancos Contagion is Real It Doesn’t End With Spain A technical... For more information, read our latest forex news and reports.




more ▼WIKI ANALYSIS
This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition.
 
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Geoffrey Jordan

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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