WebWhat is a Flag pattern. I define a Flag pattern using these two criteria: 1. A strong trending move, usually shown by large body candles. 2. Followed by a weak pullback, usually shown by small-bodied candles. Here's an example: You can see over here, this is a strong trending move followed by a weak pullback. WebJul 19, 2024 · according to the Bukowski studies that you can use. It will work until it's flooded with users, but implement. it early into your education and become an expert.... This was back in the 1990s. The high tight flag doesn't work like it used to. Like you said, it was flooded with too many people and stopped working.
Flag Definition - Investopedia
Web[type = stock] and [today's max(10, high) < today's min(10, low) * 1.04] This clause makes sure that the highest value over the last 20 days is no more than 4% higher than the lowest value in that time frame. Using min/max functions improves your consolidation scans by accounting for any fluctuations that may have happened during the time period. WebSep 21, 2024 · Intro Technical Analysis: Understanding the Rare High Tight Flag Pattern TraderLion 48.5K subscribers Subscribe 9.2K views 4 years ago A very rare bullish chart … devon lane farm supply inc
Technical Analysis: Understanding the Rare High Tight Flag Pattern
WebFeb 3, 2024 · Tesla stock formed a high, tight flag after its initial breakout from a first-stage base in April 2013. To begin the base, Tesla stock notched gains of nearly 150% over an eight-week period.... WebFeb 24, 2024 · Hello everyone, If you are a Mark Minervini fan or even last year's US Investing Champion, Leif Soreide, you know they absolutely love high-tight flags, or what is also called a power play.. You also know I post stuff related to Mark's strategy quite often, as I'm a huge fan and been to his Master Trader Program, and am a Private Access member. WebMar 14, 2024 · The high tight flag is considered to be one of the most bullish chart patterns that a stock can form. This is because it requires such a strong move higher to form the … churchill propane