Replies to post #22905 on 1812 Brewing Company Inc (KEGS)

[lowtrade]

ktran11

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns

NO, the flag is a market standard chart pattern. You subtract the bottom from the top and add the difference to the move start point.

The flag pattern is one of the most reliable of chart pattern. Next is triangles.

The variable is the start point you choose. Which should be at retrace stop. Not before like I posted. Guess you could say the chart posted was a pump. with a only if PR comes. LOL