pennant(redirected from Lance pennon)
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A chart pattern resembling a pointed flag, with the point facing to the right, which shows a diminishing variance of price.
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Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.