FUTU HK Help Center-Bearish flag

Bearish flag

1. Introduction

Bearish Flag is a pattern consisting of two highs and two lows, formed by a minor rise after previous falls. The pattern indicates that the price is likely to break through downward and continue falling.

2. Feature

2.1 The top is getting higher and the bottom is getting higher and higher. The trend line connecting the two tops forms the resistance line for upward breakthrough, and the two bottoms form the support line;

2.2 The resistance line and the support line together form a channel, and the price has recently broken through the support line, forming a downward trend.

3. Example

03380 has a Bearish Flag Pattern on June 18, 2021.

Helpful？

Yes No

Market Insights

Discussing

關稅「拉鋸戰」加劇！政策多變下如何應對？

近期，特朗普對等關稅劇情反轉再反轉，關稅再度上演「拉鋸戰」。特朗普此前宣佈暫緩對等關稅90天，但對中國關稅提高125%。對此中國再次強硬反制，並宣佈自4月12日起對原產於美國的進口商品加徵關稅稅率由84%提高至125%。美東時間4月15日，白宮宣佈中國輸往美國的商品現面臨最高達2 Show More

關稅劇情戲劇性反轉！近期如何應對？

44%

56%

恐慌出盡，加倉

風險仍存，再觀望

23K votes

福气财经

Apr 13 04:19

Are Tesla, NVIDIA, and PLTR about to rebound? The pause in the trade war has led to a surge in the US stock market on Friday, resembling insider trading and pre-positioning, with relevant Funds buying a large number of Call Options before the market close, indicating potential Bullish signals, and weekly signs of dawn beginning to appear. Has the rebound started?

$Tesla (TSLA.US)$youtube.com/@FO...
youtu.be/IKJi9D...
1. First, the Large Cap rose by 2.06% to close; this week Fibonacci 34 just happens on April 7; a rebound is starting; the chances of going upward next week are significant!
The Dawn is literally defined as a potential cessation of a downtrend, representing a reversal pattern that indicates a bottoming out and recovery. Characteristics: (1) The "Dawn" generally appears during a downtrend. (2) It starts with a large bearish or moderate bearish candlestick, with the next day's stock price sharply breaking below the previous day's lowest point, but soon the market pushes the stock price back up, forming a large bullish or moderate bullish candlestick, where the closing price of the bullish candlestick penetrates deeply into the body of the first bearish candlestick, almost reaching the halfway point. The body of the second candlestick should exceed more than half of the body of the bearish candlestick to be significant, and the longer the body, the more likely it is to be a Dawn.
2. TSLA's weekly chart stands above the Trendlines and 9+1 is not simple, after the Engulfing Pattern a small star appears, and once again the 'blue butterfly' head and shoulders bottom emerges, RSI is fighting back;
youtube.com/@FO...
NVDA
The current stock price is 110.930, the Resistance is 112.252, with strong pressure, a large volume is needed for an effective breakout.