Flag and pennant patterns

Flag and pennant (English: "Flag " and " pennant " ) are terms of chart analysis.

Flags

A Bear Flag (English: Bear Flag) than to recognize upturned parallelogram in the charts. They usually mark a short-term uptrend until a paper loses its value.

A bull flag (also: " bullish flag ", English:. Bull Flag) is a downward parallelogram, featuring a short-term decline in the value of the paper.

Pennant

Pennants ( also called delta) behave similarly to flags, but they pointed in the later price development to continue, before prices rise or fall off again.