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Flag |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.06 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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| 18 after Brandon flagged down sheriff's deputies after her son was shot three times by the woman inside the Canyon Country house Lugo had entered without permission, sheriff's deputies said. The mother and son were arrested when they flagged down a sheriff's deputy to get directions to a local hospital. Standing at the side of the road, Angela flagged down an unidentified motorist and asked him to drive her to the sheriff's department. |
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