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1. Security within the context of an uptrend produces an orderly price decline that has a narrow range of lower highs and lower lows (similar to a high base but declining in price).
2. The power of a bull flag can be greater after a powerful upside move due to the possible increase of underlying support.
3. Bull flags can be stronger when the swing high that begins the pattern is also an all time high due to the possible lack of overhead resistance. |
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