A resistance channel has formed between $82 and $84 a barrel for oil traded in New York based on patterns in a point and figure chart, said analysts at the Villanova, Pennsylvania-based Schork ...

A point and figure chart can offer all of that to us. We can place our stops for longs just under the last column of O's. As long as there is no reversal that breaks that low, we stay in the trade.

Point-and-figure (P&F) charts have been a part of the technician's toolbox for more than a century. They were used by Charles Dow in the late 1800s, and Victor deVilliers published the first ...

What Is Box Size? When it comes to Point and Figure charts (P&F), the box size refers to the price increment that determines when a new “X” or “O” is added to the chart. This technique ...

Financial Terms By: p Point and figure chart A price-only chart that takes into account only whole integer changes in price, i.e., a 2-point change.

Count is a form of technical analysis that uses point and figure charts to evaluate the vertical movement of stock prices. Count analysis uses Xs to represent price increases and Os for price ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. I have mentioned previously that I like to use hourly Point and Figure charts to designate levels of support ...

A high pole on a point and figure chart formed from mid-October to the beginning of November, as shown by a column of Xs, which was followed by a reversal, as shown by Os. A 45 degree resistance ...

For a longer-term perspective of the upside potential in gold, a point-and-figure chart of monthly gold prices, using a 5% box size and 3-box reversal, shows a measured objective of almost $7,000.