A bull pennant forms after a sharp advance (the pole) followed by a symmetrical triangular consolidation with converging trendlines. The tight coiling signals explosive continuation.
Buy the breakout above the pennant upper trendline. Stop below the most recent pennant low. Target: pole height from the breakout point.
EdgeOS integration: look for SCTR above 9, bull count 1–4, and confirmed/fluid bull trend to align the pattern signal with the EdgeOS system for highest-conviction entries.
A bull pennant forms after a sharp advance (the pole) followed by a symmetrical triangular consolidation with converging trendlines. The tight coiling signals explosive continuation.
Sharp advance of 5%+ on high volume (the pole) Converging upper and lower trendlines — smaller swings than a flag Volume contracts significantly during the pennant phase Breakout above the upper trendline on volume spike confirms entry
The Bull Pennant has a historical win rate of 65% when traded correctly with volume confirmation and proper stop placement. Average bars to target: 10. Always combine with trend context and market regime for best results.
Currently 5 stocks show an active Bull Pennant pattern. Top picks: ELVN (82% confidence), ORKA (73% confidence), HLNE (68% confidence), PTC (60% confidence), VCYT (56% confidence).
See every active detection with confidence scores, SCTR, and chart links — updated nightly.
Pattern detections updated nightly · For informational purposes only · Not investment advice