Pennant pattern formed in Adani Enterprises

20 เม.ย. 2021

• Pennants are continuation patterns where a period of consolidation is followed by a breakout used in technical analysis.
  
• It's important to look at the volume in a pennant—the period of consolidation should have lower volume and the breakouts should occur on higher volume.
  
• Most traders use pennants in conjunction with other forms of technical analysis that act as confirmation.