A bull flag is a technical analysis pattern that can be used to identify a bullish trend. The pattern is formed when the price of a security creates a short-term flagpole, followed by a consolidation period that resembles a flag. The flagpole is typically created when the security rallies sharply, followed by a period of […]
What Does A Bull Flag Mean In Stocks
What is a bull flag pattern in stocks? A bull flag pattern is a bullish continuation pattern that typically forms after an uptrend. The pattern is marked by a short consolidation period, followed by a breakout to new highs. The bull flag pattern can be used to identify potential buying opportunities. The key is to […]
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