Bull Flag Pattern
First image is GOVX last evening.
The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend.
Second image is an example of what is next to happen for bull flag pattern:
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Quiting the stock market. This platform is an unfair platform that put investor in a great disadvantage.
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103929772 : How high will it goes? I always losses money in penny stocks.
Shelly Wang : Can a bullflag go up to $8? How many can we see tomorrow?
JC88OP Shelly Wang: I wouldnt say its not possible. I’m looking at reenter at 3.
Don’tTalkAboutBruno : I’m still holding it, let watch it when premarket/market opens