Pattern Trade - Flag

[tech/a]

IPP plus a couple of others.

 

[Country Lad]

IPP plus a couple of others.

There are many around at the moment. These are just some of the ones I own or on my watch or buy lists.

Fsa, api, nea, mye, mcr, bbg, vms, neu, ifm, amm, pru, obs, nwh, sxy, rxm.

Some are strong candidates, others will probably not make it.

Cheers
Country Lad

 

[Shaker]

HI

Well PRU broke up then broke down.. Failed

Shaker

 

[PinguPingu]

How about Crown (CWN), looks to be in the process of forming with decreasing volume?

 

[Country Lad]

How about Crown (CWN), looks to be in the process of forming with decreasing volume?

Yep, a "high & tight" one.

 

[PinguPingu]

Thanks CountryLad! So a high probability one (if it breaks out?)

 

[stickman]

ipp perfect flag set up break on volume on the prowl for more

 

[PinguPingu]

Confirmation for CWN today? QAN one in the making?

 

[stickman]

sek done its thing today

 

[Sergio]

There are many around at the moment. These are just some of the ones I own or on my watch or buy lists.

Fsa, api, nea, mye, mcr, bbg, vms, neu, ifm, amm, pru, obs, nwh, sxy, rxm.

Some are strong candidates, others will probably not make it.

Cheers
Country Lad

may i know how you find those pattern? are u analyse (open the chart) of all stocks then see one by one? or is there any software to do so? sorry for newbie question =[

i see that ipp and vms are forming flag now...(i might wrong though)...

cheers
Sergio

 

[tech/a]

may i know how you find those pattern? are u analyse (open the chart) of all stocks then see one by one? or is there any software to do so? sorry for newbie question =[

i see that ipp and vms are forming flag now...(i might wrong though)...

cheers
Sergio

I use Metastock
I have written a formula which
Finds them.

 

[stickman]

i use the eye ball scan

 

[PinguPingu]

QUB? A little confused by its recent big volume days..

CWN is doing well

 

[Country Lad]

may i know how you find those pattern?

Same as tech, Metastock explorations except that I don't look specifically for flags. They come up as a by-product of a couple of other explorations.

Cheers
Country Lad

 

[Boggo]

I use Metastock
I have written a formula which
Finds them.

Same as tech, Metastock explorations except that I don't look specifically for flags. They come up as a by-product of a couple of other explorations.

Same as tech/a and Country Lad, Metastock still the good old reliable.

CWN is doing well

Yes

 

[Sergio]

thanks guys..

metastock

cwn is not forming flag now..the increasing sp is the product of flag..

imo, kinda too late to join now..i should find it faster

 

[Shaker]

Here is a Flag developing

Any thoughts...Resistance at $1.60 area only worry on target.



Regards
Shaker

 

[stickman]

Hi Shaker

bang on with tse it ticks all of the boxes I see it as a pennant and have it on my watch list

cheers

 

[Gringotts Bank]

Hi Shaker

bang on with tse it ticks all of the boxes I see it as a pennant and have it on my watch list

cheers

Yeh it has everything:
Good flagpole height,
Good flag height,
Neat pattern,
Minimal overhead
and volume pattern is pretty much...
Perfect.​

 

[Sergio]

it looks like triangle to me...