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Flag |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.01 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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| There's no blue dress, no haggling over what ``is'' is, no Oliver North secretary smuggling shredded documents in her boots, no shady characters named for porno flicks looking suspiciously like Hal Holbrook lurking in dank parking lots, and no flagging down sources with flower pots. Colley got help by flagging down a passing motorist. curfew on gang members while forbidding them from hanging out on private property and flagging down cars - a common tactic during drug deals. |
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