Flag

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New York Times  Dec 8  Comment 
The agreement would cover more than a quarter of the world’s economy. Leaders on both sides said it carried strategic as well as economic importance.
SeekingAlpha  Dec 7  Comment 
New York Times  Dec 2  Comment 
In his first interview since being put under protection of federal authorities, Grigory Rodchenkov said, “Innocent athletes should not be prevented from participating.”
Euromoney  Dec 1  Comment 
Without fanfare, BNP Paribas is building its network among UK corporate clients. It’s following a template that’s already paying dividends in Germany. Is it on track to be Europe’s pre-eminent bank?
The Hindu Business Line  Nov 30  Comment 
Proxy advisory SES has raised red flag in governance and disclosure at listed hospital firm Healthcare Global Enterprises (HCG) and the amalgamation of its wholly-owned subsidiary HCG Pinnacle Onco...
TechCrunch  Nov 23  Comment 
 Last month, Twitter started work on a new “save for later” feature for Tweets in your timeline that you wanted to flag to refer back to in the future. Now it’s given the feature a name — it will be called Bookmarks — and is running...
MarketWatch  Nov 22  Comment 
Fundstrat strategist Tom Lee earlier this month tapped the brakes on his bold bitcoin outlook, saying its price tag had gotten way ahead of the fundamentals. Now, he’s changed his tune.
Reuters  Nov 18  Comment 
Global banks raised concerns on Friday over a provision in the U.S. Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could hurt the banking industry.




 
TOP CONTRIBUTORS

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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