Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

- A pennant has to have less than thirty price candles. Over thirty and the pattern is considered a triangle. - A pennant has to be preceded by a strong steep up move or down move that resembles a ...

Pennants are short-term continuation patterns that mark a small consolidation before resuming the previous move in the same direction. This pattern is formed when there is a large movement in a ...