Faehnchenkonsolidierung
English translation: pennant consolidation
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| 18:17 May 15, 2003 |
| German to English translations [PRO] Bus/Financial - Investment / Securities / stock exchange | |||||||
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|  Selected response from: Kim Metzger Mexico Local time: 14:42 | ||||||
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| 3 +1 | pennant? |
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Answers
6 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1pennant? Explanation: Flag: A brief consolidation pattern within a steep advance (or decline) generally in the form of a compact rectangle, tilted against the prevailing trend, and resembling a flag. Similar to a pennant, triangle or wedge, it is a continuation type pattern. Pennant: A brief triangular consolidation within a steep advance having generally short-term implications. For inverse, see Flag. http://www.forbes.com/2000/06/03/feat_6.html Reference: http://www.forbes.com/2000/06/03/feat_6.html |
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