Stocks & Commodities V. 39:11 (8–16): Charting Breakouts With Convertible Point & Figure Charts by Tushar S. Chande, PhD

Stocks & Commodities V. 39:11 (8–16): Charting Breakouts With Convertible Point & Figure Charts by Tushar S. Chande, PhD
Item# V39C11_327CHAN
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Charting Breakouts With Convertible Point & Figure Charts by Tushar S. Chande, PhD

Here, we introduce a charting technique that builds on the classic point & figure charting style and updates it to put the time dimension into play.

Traditional point & figure charts, which use the letters “X” and “O” to denote uptrends and downtrends, are time-independent charts because they plot changes in price movement without a time axis. This “timelessness” is both a strength and a weakness ...




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