Bull Flag
Also called: flag pattern
A short consolidation that slopes gently against a sharp prior advance, typically resolving with a continuation higher.
A bull flag has two parts: the 'flagpole' (a strong, fast move up) and the 'flag' (a tight, slightly downward-drifting pullback on lighter volume). It represents a brief pause where early buyers take profits and new buyers accumulate before the trend resumes.
The breakout above the flag's upper boundary is the trigger; the classic target projects the flagpole's height from the breakout point. Tight, low-volume flags that don't retrace too deeply tend to be the cleanest.
On StockSetups
Bull flags are one of the continuation patterns StockSetups surfaces on its daily board, confirmed by candlestick signals and ranked by a 0–100 conviction score so the tightest, highest-quality flags rise to the top.
See bull flag setups live →Frequently asked
What is the difference between a bull flag and a pennant?
Both are continuation patterns after a sharp move. A flag's consolidation is a small parallel channel; a pennant's is a small symmetrical triangle that converges to a point.
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