Flags and Pennants

[Wysiwyg]

Continuing on from a pennant post last week, Fridays trading created a neutral doji symbol. Will it follow through .... with most stocks at the mercy of overall market moves.

 

[Wysiwyg]

With H1N1 resistance recorded on Tamiflu users, this may increase demand for Relenza. Biota has a % of sales in Relenza through Glaxo-Smith Kline.

Regardless of possible greater market share, a pennant is forming although the stock has run pretty hard already. (said that at $1)

Continuing on from another pennant post. More interesting was the breakout about half way along though I am lead to believe beyond half way it can happen.

 

[bowman]

Some more miners and explorers.

 

[DAZT49]

A couple of beauts here ( and I am in it lol)
These flags and pennants appear continually with AUS/USD forex trades.
A great tool.

 

[Sean K]

A couple of beauts here ( and I am in it lol)
These flags and pennants appear continually with AUS/USD forex trades.
A great tool.

huh? Where's the current flag/pennant?

 

[DAZT49]

kennas,
Io nono comprende tu questioni.
Just showed two breakouts in the trend??

 

[Annwn]

GXY


A query - is this a pennant that has already broken out, or would you include the last 2 days as part of the formation.

Cheers

 

[bonkerrs]

CCP Chart. Please help me visualise. Could this be a potential flag/pennant (has very low volume)?

 

[lenny]

AVE has formed a nice pennant which could be a nice trade with a strong break out to the upside.

 

[Ghetto23]

TRY

 

[Tukker]

AVE has formed a nice pennant which could be a nice trade with a strong break out to the upside.

I like this,

And.......



I also like this,:- IMA image resources (long time holder)

 

[sammy84]

FLT, near text book pennant, volume has whittled away beautifully.

 

[bowman]

Some explorers again. QUR s a bit flagpole challenged.

 

[DaveMac]

BBG - breakout to the upside (close above $11.40) would trigger the pattern... Thought I'd post it now so it doesn't become a hindsight trade...

 

[skc]

Been quite here for a while. Here's a nice looking flag sitting above support.

 

[skc]

3 flags...

HFA is approaching minor support at 27c
AQA looking to close the gap at $9.22
NUF sitting above support at $5.20

 

[stickman]

wow showing a perfect flag set-up

 

[tech/a]

Just downloaded this http://thepatternsite.com/patternz.html#PZ4

Haven't got it up and running with data yet but looks interesting.

 

[Wysiwyg]

wow showing a perfect flag set-up

Was continuation of trend on that structure.
Simple really. Plonk a million bucks on the next flag.
Still a 50/50 bet at entry time.

 

[stickman]

fkp showing a break from flag set up