Both of these popular stock chart patterns mean the same things to technical analysts. Flags and pennants can be bullish or bearish. Flag patterns begin with a sharp vertical move either up or down.

A bull flag is a stock chart pattern comprised of three parts ... Setting Stop-Loss and Take-Profit Levels Once properly set up, the stop-loss level can be on a new lower low or under the lower ...

A classic 'Flag Pattern appears to be forming on the chart of Netflix (NFLX). It has bullish implications and suggests a move ...