James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...

According to Thomas Bulkowski, one of the most profitable technical patterns is the high and tight flag, breaking higher. According to Bulkowski, when properly recognised, it can reach a target up to ...

Typically seen after a big move in one direction in a particular financial instrument, flags and pennants represent brief consolidations or pauses in the market before a resumption of the trend in ...

The Stock Pennant Pattern is a popular chart pattern among traders, signaling potential continuation in the direction of the current trend. This pattern forms during periods of consolidation following ...

Pennants are short-term continuation patterns that mark a small consolidation before resuming the previous move in the same direction. This pattern is formed when there is a large movement in a ...

What is a bullish pennant? A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive ...

In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend ...

Pattern recognition is one of the most beneficial traits humans have acquired through evolution. Processing information into patterns that enhance decision-making is why you can succeed in your ...

Bearish pennants and bullish pennants can indicate that major price action is on the cards – so understanding them is crucial for any technical trader. Here’s an introduction to how pennants work, and ...