(1) A small flag, such as can be used for signaling Flags can be used together to spell words or individually as codes, such as the quarantine flag (2) A small line attached to a mooring chain, sometimes called a pendant
In baseball, a pennant is a flag that is given each year to the top team in a league. The championship is also called the pennant. The Red Sox lost the pennant to Detroit by a single game
The narrow, or long, pennant (called also whip or coach whip) is a long, narrow piece of bunting, carried at the masthead of a government vessel in commission
a small triangle indicating a halfway point in a rapid market move The pennant should be preceded by an almost vertical market move, called the pole The pole will be the distance from a breakout from a support or resistance or geometric pattern to the triangular part of the pennant In the case of a pennant pointing up, the pole should be attended by high volume
is a small triangular or tapering flag It is not always easy to distinguish a pennant from a flag W Smith stated that "the common denominator distinguishing a pennant from a flag seems to be that the former is always secondary to the latter in importance and differs in shape, proportions, size, and/or manner of display" In naval terms certain pennants have a significance out of all proportion to their size For example, for the Russian-American Company flag a ship flying the flag was a merchant ship but a ship flying the same flag and a pennant was a warship David Prothero, 25 June 1997