hey jyates, a bullflag is a chart pattern. Basically, stocks cant go up in a straight line, so there are periods of consolidation before the next move up. The bullflag is setup by a huge rise in pps on larger than average volume, you will then see some selling pressure on significantly less volume, Followed by a period of stable pps on lower volume for several days or weeks, this then creates a sort of flag pattern, as the pps breaks to the upside of the channel, you will see another huge run with higher volume. The pps target is usually the length of the initial breakout candlestick added to the breakout of the flag. TADF is forming a classic bullflag pattern. we went up huge on 135m shares, now we are consolidating on significantly lower volume, with some normal selling pressure. Looking good so far
GLTA
