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 ?
Shah, however, maintained that anyone in the contingent had the right to carry the flag, and if he got the opportunity he would do it again.
Before the selection was announced, many thought Hossain Rezazadeh or Hadi Saei--two Iranian athletes who won gold for Iran in the last Olympics--would be asked to carry the flag.
Although Milner still needs volunteers in every state along the way, she is prepared to carry the flag herself, either on foot or by bicycle, through more desolate areas of the country.
How many we can get to carry the flag because I might need to push the numbers out a bit," The Sydney Morning Herald quoted him, as saying.
He said: "It's a great honour to carry the flag for Scotland and will be the proudest moment of my life.
Now she believes the 'unbelievable boost' of being chosen by her fellow athletes to carry the flag will help her to crown a glittering career by going one better than last time by taking gold in the 70kg section in Athens.
It is a shame Chris and I can't both carry the flag as we have been through so much together.
When you cross the street, you're supposed to carry the flag across with you, I guess so when the semi turns you into a pancake, they can find you by the little red flag.
Dixon, 39, who insists the Salt Lake Games will be his last, said: "This is a great honour for any athlete and I am proud to have been asked by my fellow members of GB to carry the flag.
Brett Doyle scored the most valuable win of his career when bringing the former Paul Cole-trained Carry The Flag with a perfectly timed late run to land yesterday's pounds 360,000 Singapore Gold Cup.
It was an honor to carry the flag for the wireless industry and 5G Wireless at the event.
Ben Ainslie, the most successful sailor in Olympic history, will carry the flag for Team GB at today's closing ceremony.

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