Answer
Yes, see explanations.
Work Step by Step
Yes, it is possible.
1. We can simulate the shape of the light emitted from the flashlight as a cone.
2. When the flashlight shines the light vertically to the ground below, the lighted spot will be a circle.
3. If we angle the flashlight slightly, the lighted spot will become an ellipse.
4. The far end of the ellipse will be defined by the light emitted from the top edge of the cone,
5. With the increasing angle the ellipse will become larger and larger, until at a point when the top edge of the cone is parallel to the ground, and at this point, the lighted spot becomes a parabola.