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Glossary

Terms7 shown

Falling wedgeFormed by two downward-sloping trendlines that gradually converge, it is generally regarded as a potential bullish chart pattern.
FlagpoleThe rapid, substantial price increase preceding a bullish flag, often reflecting strong buying pressure and high trading volume.
Bull and Bear IndexA sentiment indicator that analyzes social media discussion, with zero representing bearish sentiment and one representing bullish sentiment.
BullishParticipants hold an optimistic view of the market or an asset and generally expect prices to strengthen.
Bull PennantA bullish continuation pattern with a small triangular consolidation area following a sharp rise.
Bullish sentimentAn attitude in which participants believe prices will rise and are therefore more inclined to buy or hold assets.
Golden CrossA bullish chart pattern in which a short-term moving average crosses above a long-term moving average.

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Definition

Bull Pennant

A bullish continuation pattern with a small triangular consolidation area following a sharp rise.

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