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Thursday, February 09, 2017 8:02:13 AM
Ok, although it is a little bit askew, IMO it can still be considered as a bullish flag...
Explanation for "Bull Flag":
1. http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation
2. http://www.chartpatterns.com/flagandpennantcharts.htm
3. http://www.investopedia.com/university/charts/charts6.asp
And many real-world examples here: https://www.google.de/search?q=bull+flag&espv=2&biw=1920&bih=1070&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjansPS2YLSAhWK7hoKHfIDBdcQ_AUIBigB&dpr=1#tbm=isch&q=bullish+flag
15-minute chart from yesterday:
I am not a professional chartist or analyst, so please make your own decisions! This is not an investment advice...
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- Just my personal opinion, no investment advice! -
- I am long WMIH, FNMA and FMCC -
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