Flag


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Related to Flag: Confederate flag

Flag

A pattern reflecting price fluctuations within a narrow range, generating a rectangular area on a graph both prior to and after sharp rises or declines.

Flag

In technical analysis, a situation on a chart in which a security's price undergoes a steep rise or fall, then trades within a narrow price range. When a steep rise proceeds the narrow trading, it looks somewhat like a flag raised on a pole. Many analysts believe that when a flag occurs, the narrow trading is only temporary and will soon be followed by another steep rise or fall. That is, a rise will follow a rise and a fall will follow a fall.

flag

See triangle.
References in classic literature ?
The New York police was speedily hard at work, and a foolish contest in full swing between impassioned citizens resolved to keep the flag flying, and irritated and worried officers instructed to pull it down.
The captain of the airship watching this quarter seems to have stooped to lasso and drag from its staff a flag hoisted upon Morgan Hall.
Great crowds assembled, more especially in the dinner hour, in Madison Square about the Farragut monument, to listen to and cheer patriotic speeches, and a veritable epidemic of little flags and buttons swept through these great torrents of swiftly moving young people, who poured into New York of a morning by car and mono-rail and subway and train, to toil, and ebb home again between the hours of five and seven.
I thought the people ashore would know how to make the local flag.
That elephant there, I take it, stands for something in the nature of the Union Jack in the flag.
After a while he stepped quietly into the chart-room, and opened his International Signal Code-book at the plate where the flags of all the nations are correctly figured in gaudy rows.
To the last-named place, Hugh and Dennis, still with their pupil between them, rushed straightway; Barnaby having given his flag into the hands of one of their own party, who kept them at the outer door.
They have all turned out to see our flags and streamers?
Money, cocked hats and feathers, red coats and gold lace; all the fine things there are, ever were, or will be; will belong to us if we are true to that noble gentleman-- the best man in the world--carry our flags for a few days, and keep
To this the carter replied, "The cart is mine; what is in it is a pair of wild caged lions, which the governor of Oran is sending to court as a present to his Majesty; and the flags are our lord the King's, to show that what is here is his property.
In night-fighting, then, make much use of signal-fires and drums, and in fighting by day, of flags and banners, as a means of influencing the ears and eyes of your army.
They are invaluable to make flags flutter on a still day, when there is no wind.