NNA - BB becomes very very narrow and looks like Bull Flag
(maybe a bit too long). Low volume recently but insiders sold
around 0.5 million on the run up . ID.V - very junior (a bit too
junior for me) but strong potential to flag out .
yes it is a bit long for a flag, but could be setting up a
pennant, definitely one to keep an eye on giving the volume
patterns and consolidation. Price needs to break out soon,
otherwise it will probably form some sort of triangle and have a
longer consolidation. Quick consolidations are generally
flags, when the consolidation is longer it can form a pennant, and
when it's longer, often forms a triangle of some sort
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NNA - BB becomes very
Posted by mulisko on 10th of Dec 2017 at 10:24 am
NNA - BB becomes very very narrow and looks like Bull Flag (maybe a bit too long). Low volume recently but insiders sold around 0.5 million on the run up . ID.V - very junior (a bit too junior for me) but strong potential to flag out .
yes it is a bit
Posted by matt on 10th of Dec 2017 at 01:22 pm
yes it is a bit long for a flag, but could be setting up a pennant, definitely one to keep an eye on giving the volume patterns and consolidation. Price needs to break out soon, otherwise it will probably form some sort of triangle and have a longer consolidation. Quick consolidations are generally flags, when the consolidation is longer it can form a pennant, and when it's longer, often forms a triangle of some sort