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Article Archive For Keyword: Bullish Pennant
DownloadBullish Pennant Formation for Nexen Inc.
ARTICLE SYNOPSIS...Nexen Inc. recently broke out of a seven-month trading range and is now forming a bullish pennant, indicating a potential move higher in the near-term.
Delta Forms A Bullish Pennant
ARTICLE SYNOPSIS...Delta Airlines surged in mid-July with a sharp advance on high volume. A pennant formed to signal a rest along the way, and traders should watch for a continuation breakout.
Patterson-UTI Energy's Bullish Pennant Formation
ARTICLE SYNOPSIS...Patterson-UTI Energy's recent trend reversal has led to a bullish pennant formation on the daily chart, indicating the potential for higher prices in the near-term.
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