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Pennant - Stock Chart Pattern

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    Pennants are continuation patterns where a period of consolidation is followed by a breakout used in technical analysis.     It's important to look at the volume in a pennant ,the  period of consolidation should have lower volume and the breakouts should occur on higher volume.     Most traders use pennants in conjunction with other forms of technical analysis that act as confirmation. Credits : Investopedia, CMC Markets
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Thoughts

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