Flag

(redirected from waving the flag)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.

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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

flag

See triangle.
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.
References in periodicals archive ?
This time round he's had the temerity to have a go at her sons for not waving the flag enough in her memory.
The Queen's first stop on her walkabout in Windsor was by a group of schoolchildren waving the flag of St George.
Parish clerk Virginia Nield said: "We are not waving the flag to say we don't want GM crops, we are waving the flag to say we cannot jeopardise Ryton Organic Gardens."