Flag and Triangle Continuation Patterns

A stock’s price can do two things. It can either reverse or continue in the same direction. Continuation patterns are made up of candlesticks and indicate great buying opportunities. In this chart we will take a look at a few patterns to study and spot for further profits. One thing to remember is that when stocks are in an uptrend and pulls back in the form of flags; make sure the pullbacks occur on low volume. Low volume means that the pullback is not powerful enough to break the uptrend.