This pattern is named for the resemblance of a flag on a pole. The bull flag pattern is a continuation pattern which only slightly retraces the advance preceding it. The technical buy point is when price penetrates the upper trend line of the flag area, ideally on volume expansion.
Flags are said to fly at "half mast". Meaning that the flag formation will generally be at the halfway point of the overall move. The point of the initial move to the top of the flag should approximate the distance from the breakout point of the flag to the top of the move.The two distances should be about equal. So what does this mean for you as a trader? It means that if you trade flags, you can use this measuring technique to help you calculate what you can safely expect out of the trade and thereby allow you to calculate your risk/reward ratio.
One thing to keep in mind, is that you will see these types of formations in all time frames, be it a monthly, weekly, daily, 60min, 30min, 15min, 5min, 3min or 1min. So you will enter these as determined by what type of trader you are. If you are not a scalper, you surely don't want to be entering flag formations based on a one minute chart. Many times, you will find a flag within a flag......meaning you will see a nice 30 minute flag formation on your charts which will get your attention, then once the breakout occurs on the 30 minute chart, you can put the stock under the microscope so to speak, and look for flags in a smaller time frame such as your 2 or 3 minute charts.
Members of our stock pick service see us make trades from bull flag patterns all the time, as it's one of our favorite patterns. Come trade with us!
Pinterest is a social photo sharing website that has also been described as an online pin board. In my case, Pinterest ranks 3rd as a source of traffic referral for my website. 1st, is Twitter, followed by Facebook. While I still love to pin images of cutesy Lab puppies, for the most part, I use Pinterest to refer traffic to my website where authors can read my blog, buy my books, or hire me.
FREE service to make updating your social networks a snap!
Most SEO "Guru's" will tell you that Pinterest is useless for search engine optimization because "it is only pictures." I'm about to prove them wrong. Pinterest is one of the most powerful and underutilized forms of social media on the internet. Not only is Pinterest a great platform to enhance your SEO efforts, but it's traffic also has a higher "commercial intent" (meaning people looking to buy) and, therefore, is much "warmer."
Backlinks & Referrals
Every image pinned to a Board has a link back to its original published source. These are valuable backlinks and can provide referral traffic as well. Capitalize on this. Posting your product and service images and videos is a great place to start. However, keep in mind that it's important to avoid being blatantly self-promotional - remember to provide value to your audience by sharing quality content that is relevant to their interests and worth liking, commenting on, and re-pinning.
For this very reason, Get Free Followers encourages its users to do all the above stuffs - by paying them for this. Below article explains how:
- Get paid to Pin on Pinterest
Can Pinterest really make you money? Get Free Followers helps you make some bucks out of Pinterest Pins in 2 ways - directly and in-directly.
Take advantage of keyword targeting
Google now indexes personal Pinterest profiles and private Pinterest boards. Adding keywords to your boards increases the odds of them appearing in a search.
Pinterest is yet another web presence point. Simple as that. Just like Facebook, YouTube, Twitter, LinkedIn and Google+, Pinterest has gained enough momentum and significance that excluding it any longer may negatively impact your web presence compared to your competitors.
Your competitors are likely using Pinterest on Get Free Followers already. This is a grand enough reason to get started. But better yet, if they are not, you can take advantage of the situation and start building out your Pinterest presence before they do.
Gain better insights into analytics for targeting
Using Pinterest for Social SEO can also help with better report-ing in your ana-lyt-ics. In your analytics report you can see which pieces of Pin-terest con-tent earned a refer-ral click. You'll be able to track people who pro-mote your con-tent, inter-act with them and map out a bet-ter pro-mo-tional strategy with feed-back and ana-lyt-ics stats from them on what kind of con-tent works best.
Pinterest is not going away in the near future.
In December 2011, the site became one of the top 10 largest social networking sites, according to Hitwise data, with 11 million total visits per week - this number increased to 21.5 million visits for the week ending January 28, 2012. According to Experian's 2012 Digital Marketer: Benchmark and Trend Report, Pinterest is now the third most popular social network in the U.S. behind Facebook and Twitter, having surpassed LinkedIn.
Pinterest and High Commercial Intent
I refer to use Pinterest as the "Bridge to Amazon" and here is some data to back that up:
- 88% of people purchase what they pin
- Pinterest has over 70 million users
- The 70 million users have posted a combined total of over 30 million pins
- 80% of pins are re-pins (like re-Tweets)