The Stock Pennant Pattern is a popular chart pattern among traders, signaling potential continuation in the direction of the current trend. This pattern forms during periods of consolidation following ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...

Bearish pennants and bullish pennants can indicate that major price action is on the cards – so understanding them is crucial for any technical trader. Here’s an introduction to how pennants work, and ...

A bullish pennant chart pattern can be a powerful bullish chart pattern that is found during strong bull markets that is very similar to the bull flag. They are more rare than a bull flag. The price ...

Pennants are short-term continuation patterns that mark a small consolidation before resuming the previous move in the same direction. This pattern is formed when there is a large movement in a ...

Gold begins to advance off the lower border of a bullish consolidation pennant. Following a test of support at the lower border line earlier in the session, gold reversed higher to rise to a four-day ...

What is a bullish pennant? A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive ...