What is the meaning of Pennant?

Pennant is a chart pattern resembling a pointed flag, with the point facing to the right, which shows a diminishing variance of price.

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APABarry Goldsmith. (2010). pennant. Retrieved September 24, 2026, from http://smartdefine.org/pennant/definitions/1160376
ChicagoBarry Goldsmith. 2010. "pennant" http://smartdefine.org/pennant/definitions/1160376 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, pennant, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/pennant/definitions/1160376>.
MLABarry Goldsmith. "pennant" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/pennant/definitions/1160376>
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