Point and Figure Charts for FANGMANT
Comment of the Day

April 29 2022

Commentary by Eoin Treacy

Point and Figure Charts for FANGMANT

Eoin Treacy's view

P&F charts don’t typically have time stamps, but the following charts incorporate at least 20 years of data where relevant. P&F charts only measure the movement in price up and down. We typically use 3 box reversals. That means the column will proceed to rise or fall until the price move three units of scale in the opposite direction on a closing basis. The benefit of P&F charts is they cut out the noise of inert ranges.

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