Flag

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Related to flagging off: flagging down

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 ?
Children, youngsters and even older people come for autographs or clicking photos," he said after flagging off an event titled ' Run with Flying Sikh -- Milkha Singh.
It is a red-letter day, a momentous occasion of flagging off Nagaland Express from Dimapur-Kamakhya via Guwahati," said Nagaland Chief Minister Nephiu Rio.
Modi performed the traditional Pahind Vidhi ( symbolic cleaning of the road) before flagging off the yatra.