point-and-figure

Definition of "point-and-figure"
  1. A charting method that identifies price trends by tracking directional movement, only considering reversal upon reaching a set criterion
How to use "point-and-figure" in a sentence
  1. The broker used point-and-figure charting to anticipate the stock's price trend.
  2. Point-and-figure charts help traders understand market trends without focusing on time.
  3. Through point-and-figure charting, the analyst could detect when a price trend would reverse.
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