[元创佳作精品置顶] Flag, Pennant pattern之研究以下资料from stockcharts.com

Flag, Pennant

Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a mid-point of the move.

1. Sharp Move: To be considered a continuation pattern, there should be evidence of a prior trend. Flags and pennants require evidence of a sharp advance or decline on heavy volume. These moves usually occur on heavy volume and can contain gaps. This move usually represents the first leg of a significant advance or decline and the flag/pennant is merely a pause.

2. Flagpole: The flagpole is the distance from the first resistance or support break to the high or low of the flag/pennant. The sharp advance (or decline) that forms the flagpole should break a trend line or resistance/support level. A line extending up from this break to the high of the flag/pennant forms the flagpole.

3. Flag: A flag is a small rectangle pattern that slopes against the previous trend. If the previous move was up, then the flag would slope down. If the move was down, then the flag would slope up. Because flags are usually too short in duration to actually have reaction highs and lows, the price action just needs to be contained within two parallel trend lines.

4. Pennant: A pennant is a small symmetrical triangle that begins wide and converges as the pattern matures (like a cone). The slope is usually neutral. Sometimes there will not be specific reaction highs and lows from which to draw the trend lines and the price action should just be contained within the converging trend lines.

5. Duration: Flags and pennants are short-term patterns that can last from 1 to 12 weeks. There is some debate on the timeframe and some consider 8 weeks to be pushing the limits for a reliable pattern. Ideally, these patterns will form between 1 and 4 weeks. Once a flag becomes more than 12 weeks old, it would be classified as a rectangle. A pennant more than 12 weeks old would turn into a symmetrical triangle. The reliability of patterns that fall between 8 and 12 weeks is debatable.

6. Break: For a bullish flag or pennant, a break above resistance signals that the previous advance has resumed. For a bearish flag or pennant, a break below support signals that the previous decline has resumed.

7. Volume: Volume should be heavy during the advance or decline that forms the flagpole. Heavy volume provides legitimacy for the sudden and sharp move that creates the flagpole. An expansion of volume on the resistance (support) break lends credence to the validity of the formation and the likelihood of continuation.

8. Targets: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.


Even though flags and pennants are common formations, identification guidelines should not be taken lightly. It is important that flags and pennants are preceded by a sharp advance or decline. Without a sharp move, the reliability of the formation becomes questionable and trading could carry added risk. Look for volume confirmation on the initial move, consolidation and resumption to augment the robustness of pattern identification.
[牛魔王 (4-8 16:50, Long long ago)] [ 传统版 | sForum ][登录后回复]1楼

1. design studio - 已突破 现阶段目标大概是35c左右。

[牛魔王 (4-8 16:52, Long long ago)] [ 传统版 | sForum ][登录后回复]2楼

2. tiong woon - 已突破现阶段目标大概是66c左右。

[牛魔王 (4-8 16:54, Long long ago)] [ 传统版 | sForum ][登录后回复]3楼

3. techcomp - 已突破现阶段目标大概47c。

[牛魔王 (4-8 16:56, Long long ago)] [ 传统版 | sForum ][登录后回复]4楼

4. innovalues - 疑似突破 上周四量有点小。如是真突破，目标当在1.60以上。

[牛魔王 (4-8 16:59, Long long ago)] [ 传统版 | sForum ][登录后回复]5楼

5. mae engr - 发育中 如放量过21，可视为突破。或在0.19收集。

[牛魔王 (4-8 17:02, Long long ago)] [ 传统版 | sForum ][登录后回复]6楼

6. inter roller - 发育中 看能否放量过1.05.

[牛魔王 (4-8 17:03, Long long ago)] [ 传统版 | sForum ][登录后回复]7楼

牛哥，辛苦了！[枫叶雨叶 (4-8 17:05, Long long ago)] [ 传统版 | sForum ][登录后回复]8楼

7. devotion - 超级鸟股也在发育中 这种超级垃圾也能冲？注意最近几天量缩了。

[牛魔王 (4-8 17:05, Long long ago)] [ 传统版 | sForum ][登录后回复]9楼

8. hup seng huat - 发育中 值得观察，注意量也在缩。

[牛魔王 (4-8 17:07, Long long ago)] [ 传统版 | sForum ][登录后回复]10楼

9. baker tech - 发育中 超级垃圾股啊。但有reverse takeover 的谣言。看放量过16.5。

[牛魔王 (4-8 17:08, Long long ago)] [ 传统版 | sForum ][登录后回复]11楼

10. lee metal - 发育中等待期盼已久的突破。看放量过21左右。

[牛魔王 (4-8 17:09, Long long ago)] [ 传统版 | sForum ][登录后回复]12楼

牛哥啊，这么多货，还真难选捏[枫叶雨叶 (4-8 17:11, Long long ago)] [ 传统版 | sForum ][登录后回复]13楼

牛兄这么辛苦,一定要顶. Unified如何?[tongci (4-8 17:13, Long long ago)] [ 传统版 | sForum ][登录后回复]14楼

(引用 牛魔王:7. devotion - 超级鸟股也在发育中 这种超级垃圾也能冲？注意最近几天量缩了。 ...)由于误操作，吃过此股的小亏本来是对敲delong到期，sell时不小心点了伊，卖空了N手，察觉后立刻买回。结果发现后来价格掉了@@


主要是没卖空过，所以没想到，不过从另一个角度说，伊要是在突破中，损失的就不止手续费了[ghorse (4-8 19:17, Long long ago)] [ 传统版 | sForum ][登录后回复]15楼

(引用 枫叶雨叶:牛哥啊，这么多货，还真难选捏)当然选牛兄的 发育中啊！！尤其是鸟垃圾股。如今的垃圾很值钱啊。中国女首富就是收废纸的！！！
在如今遍地是高价股的同时。垃圾可是黄金啊。[欢乐股市 (4-8 19:56, Long long ago)] [ 传统版 | sForum ][登录后回复]16楼

(引用 牛魔王:6. inter roller - 发育中 看能否放量过1.05. ...)据内部员工说，IR就这两年效益好，前年，去年发大了！不过以后几年订单少了很多，不景气了。加上泰国新机场捅了个大楼子，IR前途堪优啊！[欢乐股市 (4-8 19:59, Long long ago)] [ 传统版 | sForum ][登录后回复]17楼

(引用 牛魔王:5. mae engr - 发育中 如放量过21，可视为突破。或在0.19收集。 ...)mae engi是不是改名了？我咋在sgx上找不到阿？[枫叶雨叶 (4-8 20:32, Long long ago)] [ 传统版 | sForum ][登录后回复]18楼

(引用 枫叶雨叶:mae engi是不是改名了？我咋在sgx上找不到阿？)改成我八股中的四号股了[forpc (4-8 21:06, Long long ago)] [ 传统版 | sForum ][登录后回复]19楼

(引用 牛魔王:9. baker tech - 发育中 超级垃圾股啊。但有reverse takeover 的谣言。看放量过16.5。 ...)如果RTO不成功的话会跌到什么位置?????[forpc (4-8 21:07, Long long ago)] [ 传统版 | sForum ][登录后回复]20楼