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Flag |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Flying the flag upside down is a sign of distress, as stated in the United States Code of Flag Rules and Regulations. Eating at Red Lobster or bowling or flying the flag on the Fourth of July doesn't hurt anybody. As I was feeling very disappointed in Brown, and comparing its flag stance to the mindless banning of the hijab scarf in public schools, the news came in: according to Russell Carey, Brown vice president and secretary, "the University will [italics mine] be flying the flag of Palestine, alongside the other flags representing our graduating students, at Commencement on May 31, 2004. |
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