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Tuesday, 09/19/2023 12:50:39 PM

Tuesday, September 19, 2023 12:50:39 PM

Post# of 26550
$DFCO nice bullish flag pattern being established marked by $0.25 support level now (200DMA)- makes for a nice pop near term!

https://schrts.co/XJViqejK

Bullish flag formations are found in stocks with strong uptrends and are considered good continuation patterns. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in which the consolidation takes the form of a symmetrical triangle.
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