Flags and pennants are often said to be half-mast, Finance Basics

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Flags and pennants are often said to be half-mast

a. Flags and pennants are often said to be "half-mast" formations. Explain what is meant by this and how you would use this information to set a price target.

b. Explain the formation and characteristics of a head-and-shoulders top.

c. Explain the formation and characteristics of a head-and-shoulders bottom.

d. Select three companies, and look at the price charts for those companies over the past three months. Can you recognize any of the formations discussed in this chapter in those charts?

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Finance Basics: Flags and pennants are often said to be half-mast

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