flag
Definition
A technical analysis term referring to a chart pattern created when a steep rise (or fall) is followed by trading in a narrow price range, followed by a steep rise (or fall). Some technical analysts believe that if a rise (or fall) precedes the "flag" then a rise (or fall) is likely to follow it.
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Related Terms
pennant, red flag
'flag
' appears in the definitions of these terms on BusinessDictionary.com
country of registry, flag carrier, milestone, oath, frame
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