Flag

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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.

flag

See triangle.
References in periodicals archive ?
The event, An Old Glorious Celebration, commemorated Flag Day.
In this narrative, flags played an important role as symbols of Confederate sacrifice and unity.
There are seasonal flags like the Toronto Maple Leaf's flag that flies until the second round of the Stanley Cup playoffs most years, and white flags that are presented when you surrender.
After the cowardly attacks in September 2001, American flags were ubiquitous.
This first unofficial, standardized, national flag was the first red and white, 13-stripe flag.
As the United States Conference of Catholic Bishops points out, nothing in the church's liturgical books or canon law provides any regulations about displaying flags in Catholic churches.
But the rebel flag image still appeared on the flags of two other states.
Still, the new findings don't answer the question of why flags flap in the breeze.
So now, shippers may have to start paying attention to the flags if they want to make sure increased scrutiny doesn't waylay their cargo in some port.
These flags may be attached in several ways--glue, staples, or by sewing a tight loop along one edge of the flag, which may be firmly pulled over the ends of the flag shaft exactly 24 inches from an end.