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The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method by Jeremy du Plessis

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Chapter 1: Introduction to Point and Figure Charts

Point and Figure charts are unique to Technical Analysis. It is not often that a discipline can claim complete ownership of a technique, with the knowledge that other disciplines could not use it even if they wanted to. Economists, engineers and sales analysts use all sorts of charts but none use anything like a Point and Figure chart. The roots of Point and Figure are in the stock and commodity markets and have fascinated Technical Analysts for well over a hundred years. Chart 1-1 below shows a Point and Figure chart of Whitbread plc, the same company shown in Chart 1 in the Introduction to Technical Analysis above.

Chart 1-1: Point and Figure chart of Whitbread plc

Look at the chart. ...

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