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Flag
(redirected from carried the flag)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 0.01 sec.
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.


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Pulis said: "Hull have done fantastically well, they have really carried the flag for the Championship so we know how tough the game will be.
The athletes - all potential competitors for the London 2012 Olympics - carried the flag to the centre of the Plas where it was raised.
Old soldier Alan Tyson, who has carried the flag at more than 30 Armistice Day ceremonies, feared he would never see it again.
 
 
 
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