Study Guide for Technical Analysis Explained Fifth Edition, 5th Edition

17

POINT AND FIGURE CHARTING

Questions

Subjects to Be Covered

Point and figure versus bar charts

Setting up box amounts

Measuring objectives

Time as an element

1. How do bar charts and point and figure charts differ?

A. Point and figure charts are plotted at specific time intervals.

B. Point and figure charts record all time periods.

C. Point and figure charts can never be plotted for intraday intervals.

D. None of the above

2. If a box is set at price movements of 5 points, this means that:

A. All fluctuations less than 5 will be recorded.

B. Only fluctuations greater than 5 will be plotted.

C. Price fluctuations of 5 points will be recorded.

D. None of the above

3. Fill in the blanks: In point and figure charts, _____ are plotted for rising ...