What Is a Pennant Chart Pattern in Technical Analysis? | BNSN Pathshala | ET Now
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Times NowTimes Now Digital
What Is a Pennant Chart Pattern in Technical Analysis? | BNSN Pathshala | ET Now
What Is a Pennant Chart Pattern in Technical Analysis? A Pennant Formation is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines. It is followed by a breakout movement in the same direction as the initial large movement, which ...
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