LKE 1.72% 5.9¢ lake resources n.l.

2021 and beyond, page-5539

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    From the Investopedia on the flag pattern:

    "In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole.

    The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern."

    https://www.investopedia.com/terms/f/flag.asp


    Last edited by Fantasyboy: 27/09/21
 
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