Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ms. X who wrote (2022)	3/26/1998 11:27:00 AM
From: XOsDaWAY2GO	Read Replies (1) of 34813

Hi again, Jan! Re>>>I'm going to created another to illustrate the point. Let's assume that the RS has more of a history. This is an example of RS with a buy signal in a column of O's. 2.50 ------------- 2.25 2.00 --------X <---I have created a better buy signal here 1.75 X X O 1.50 ----A O-X-O----- 1.25 X O X O <--Here it has reversed to O's 1.00 ----9 1 ------- 0.75 8 0.50 ----X ------- 0.25 X 0.00 ---------- The O's tell us the stock has reversed down from its previous strong position. It looks, to me, like if a stock makes a pullback (which we should look for before entering), this would show a sign of underperformance.... and, hence would not be good? Confusing.. Barbara

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next