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0.00% 4.2¢ magnis energy technologies ltd

Bullish Flag Pattern

  1. IchimokuTrader
    1,450 Posts.
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    06/07/15
    10:50
    Post #: 15585772
    MNS

    Bull Flag – Bull Flag Pattern
    The bull flag pattern is found within an uptrend in a stock. This pattern is named for the resemblance of a flag on a pole. The bull flag is a continuation pattern which only slightly retraces the advance preceding it. The technical buy point is when price penetrates the upper trend line of the flag area, ideally on volume expansion.

    https://thestockbandit.com/bull-flag/

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    MNS Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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