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[IMG] [ATTACH] What is a bull flag? Bullish flag formations are...

  1. Surfguy
    1,417 Posts.
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    11/07/17
    17:11
    Post #: 25798611


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    What is a bull flag?
    Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation.

    More than likely we need a few more days for this pattern to confirm however at the moment it looks textbook IMO. Todays candle missing but is perfect for the pattern.
    TV2 Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch.  Great analysis
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