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Flag |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.03 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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| The two-story adobe was built in 1882 for Don Geronimo Lopez of the Mexican Army, who carried the flag of truce between Gen. In future, this might well be electronic; but few would dispute that journals like Modern Asian Studies the Indian Economic and Social History Review and South Asia have effectively carried the flag of South Asian studies for Britain, India and Australia respectively for the past twenty-five years. And, oh yeah, he's the guy who carried the flag of his country into the opening ceremony of the Winter Games on Friday . |
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