Stocks with Bull Pennant Pattern

↑ Bullish

The Bull Pennant is similar to a Bull Flag but features converging trendlines during the consolidation phase, creating a small symmetrical triangle. It forms after a strong upward move and typically resolves with a breakout in the direction of the prior trend.

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Frequently Asked Questions

What is the difference between a Bull Flag and Bull Pennant?

Both form after a strong upward move. A Bull Flag has parallel consolidation lines (rectangle shape), while a Bull Pennant has converging lines (triangle shape). Both are bullish continuation patterns.