With today’s $SPY breakout to 5 year highs, the number of high tight flags has also exploded…
$GRPN would not likely pass Bulkowski’s criteria for a HTF as it does not rise from a a gentle slope. Instead, it was born out a classic V bottom.
Notice the difference between the bases in $JKS and $GRPN.
Our old friend $SNFCA is working on another breakout…
The $TROV base is a classic HTF base. Bulkowski would likely rate it highly.
$UNXL was also born from a great HTF base.
Great looking flag on $WRN.
Have a great Friday!