Question

Pennant

Bullish pattern Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a mid-point of the move.

Answer 1

The subject of this question is Business and it is asking about the Pennant Bullish pattern, which is a short-term continuation pattern in the stock market.

Step-by-step explanation:

The subject of this question is Business. The question is asking about the pattern called Pennant Bullish, which is a short-term continuation pattern in the stock market. This pattern marks a small consolidation before the previous move resumes and is usually preceded by a sharp advance or decline with heavy volume.