A chart pattern named for the fact that its initial formation (the flag pole) takes place in a rapidly declining market. Once the pole is formed, a short period of consolidation results in a series of bars in which the highs and lows rise at the same rate, forming a parallel upward-sloping channel. Technicians view a bear flag as a neutral indicator and will place orders above and below trend lines drawn along the tops and the bottoms of the flag, then play the one that gets filled on the breakout. Compare to Bull Flag.
Related information about bear flag:
- Bear Flag Wines
Bear Flag is a top notch, affordable and creative line of California blended wines by Beth and Hillary.
- Flag of California - Wikipedia, the free encyclopedia
The Bear Flag is the official flag of the state of California. The precursor of the flag was first flown during the 1846 Bear Flag Revolt and was also known as the ...
- Bear Flag - Bear Flag Pattern | TheStockBandit.com
Bear flag and bear flag chart patterns, downtrend stock continuation pattern.
- Trading Stocks Chart Patterns: Bear Flag
Trading stocks education: Chart Patterns - Bear Flag Continuation pattern.
- Bear Flag Fish Company - Newport Beach, CA
683 Reviews of Bear Flag Fish Company "okay. here is what you do. order a 1/2 pound of salmon poke salad. get the chips that come with it for free. Roughly 8 ...
- THE BEAR FLAG REVOLT OF 1846
RAISING OF THE BEAR FLAG. At dawn on June 14, 1846, thirty-three heavily- armed Americans gathered at the fortified adobe home of General Mariano Vallejo ...
- History of the California Bear Flag
In 1846, California was a part of Mexico, and known as Alta California. For some years prior, and with increasing frequency, Americans and other non-Mexican ...
- California Bear Flag - 1846
“The flag was designed by William Todd on a piece of new unbleached cotton. The star imitated the lone star of Texas. A grizzly bear represented the many ...