PRTA High Tight Flag
High tight flag chart pattern forms when a stock rises over 90% (preferably 100%) or more in two months, then consolidates sideways for 15-25 days with a decline of no more than 25%. When there's a breakout of the sideways 'flag' on high volume , the powerful uptrend often resumes.
The entry point is either as the stock breaks the high of the flag or breaks a downtrend line - but only ever on higher than average volume/
With a decline in the flag of 15%, would be looking to enter on a breakout of the high of the flag with higher than average volume.
The entry point is either as the stock breaks the high of the flag or breaks a downtrend line - but only ever on higher than average volume/
With a decline in the flag of 15%, would be looking to enter on a breakout of the high of the flag with higher than average volume.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.