Flag

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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.

flag

See triangle.
References in periodicals archive ?
But university sociologist Dr Anthony King said flying the flag was about more than just supporting David Beckham and his World Cup hopefuls.
A spokesman for the university said there was no specific ban on students flying the flag of St George.
It would ensure that "the rules of etiquette for flying the flag of the United States do not preclude the flying of flags at half mast when ordered by city and local officials.
Instead, ships serving the region's trade lanes-and the world's ocean routes-are flying the flags of Panama, Honduras, even Belize.
People forget our song Flying The Flag was a high-charting UK Eurovision song and it is something I am still hugely proud of.
Kirkby-born Aiden was the youngest to be awarded a Michelin Star, and has been flying the flag for Merseyside in the BBC's Great British Menu.
I cannot condone violence but people do not realise just how strongly the people in Northern Ireland think about flying the flag over City Hall.
Ms Singh complains that she feels inhibited from flying the flag of St George because it offends some people (she neglects to inform us as to who exactly is the disgruntled party here).
And the song played permanently on Beelzebub's jukebox will be Scooch's Flying The Flag.
I don't think any Scots are upset at England flying the flag of St George.
The RAC Foundation believes that flying the flag can enhance road safety by giving drivers a sense of pride in themselves, their vehicle and the country they support - be that England, Argentina or Ghana.
It was co-opted by far right groups and synonymous with organisations like the BNP, and that has put people off flying the flag for quite a while.