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Strategies & Market Trends : Point and Figure Charting

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To: Hardline who wrote (6936)9/8/1998 12:19:00 PM
From: Ms. X  Read Replies (3) of 34811
 
HL,
I HATE splits for this reason.
With this stock, each move is now worth two moves so...
You will have X's at 30 which will be 15
Reverses up today.
It would take a move to 13.5 to reverse back down on the chart (after split)

So you still reverse up today on the chart. Tomorrow split in half and then chart accordingly..

Of course check DWA for new trend line etc. Those change too.

Jan I am
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