FLAG

Likethepennant,thepatternoftheflagisbasedonthe

consolidationofthemarketpriceofaparticularstock.

Consolidationwillhaveanarrowrangeandwilloccurrightaftera

rapidupwardmovement.Likethepennant,thismodelhasa

“pole”flag,whichcanrepresentaverticalpricefluctuation.These

fluctuations canbebearishandbullish,andif youknowhowto

spotthesepatternsit cangiveaninvestoragreatadvantage.

If youthinkyouhavespottedaflagtotrade,themostimportant

factoristherapidandsteeppricetrend.Ifthepriceactionslowly

risesandfallsbelowtheflag,thenyouhadbetterlookelsewhere.#Write2Earn!