Point & Figure - Beginners (Real Green) Message Board

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Strategies & Market Trends : Point & Figure - Beginners (Real Green)

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To: steve wong who wrote (231)	2/15/1999 8:32:00 AM
From: wizzards wine	Read Replies (3) of 322

Good morning Steve...I think that I know what your looking for, however if this does not fit or answer your question...please restate it with an example... Resistance in X's happens when an issue comes to the same point several times without exceeding that point...a DT "double top" is small resistance...a TT "triple top" greater resistance... QT "quad top" even greater resistance... 21 < an X here breaks the resistance 20 x x x x 19 x o x o x o x 18 x o x o x o x 18 x o x o x o 17 x o x o x 16 x o x hope thats what you were looking for. Also, the greater the resistance, typically the greater the powder keg and the greater the move up after the resistance is broken. Later Preston

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