HALF-MAST

 

HALF-MAST

Half-mast is a term that refers to a steep and quick price movement. It is a – a pole – that is always present before the continuing patterns of flags and pennants are established. A breakout happens out of the pattern in the same direction as the pole after a market halt that takes the form of a flag or a pennant. Half-mast is the result of the measuring implication being equal to the length of the pole.