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1)
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The important aspects of a Point & Figure Chart are included in each stock's
Support & Resistance Table
and are used to help identify areas of Gathering Support
and Gathering Resistance.
These include the value of a stock's...
Bullish Support Line (BSL)
Bearish Resistance Line (BRL)
Double-Top Breakout (D-Top)
Double-Bottom Breakdown (D-Bot)
Triple-Top Breakout (T-Top)
Triple-Bottom Breakdown (T-Bot)
High End of the 10-Week Trading Band (10wtbHI)
Middle of the 10-Week Trading Band (10wtb50)
Low End of the 10-Week Trading Band (10wtbLO)
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2)
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QuoteTracker Users receive real-time alerts whenever a stock...
falls to Support at its Bullish Support Line
rises to Resistance at its Bearish Resistance Line
issues a Buy Signal by rising to its Double-Top or Triple-Top Breakout price
issues a Sell Signal by falling to its Double-Bottom or Triple-Bottom Breakdown price
rises to Resistance at the High End of its 10-Week Trading Band
falls to Support at the Low End of its 10-Week Trading Band
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3)
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The following summary of Point & Figure Events is updated after the close of each day.
Note: The stock symbols in the summary are links to live Point & Figure Charts.
Therefore,
they no longer reflect the Notable Events of
Wednesday, May 28th, 2008:
Current as of Market Close, Wednesday, May 28th
Notable Events
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Bullish Support Line (BSL)
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Bearish Resistance Line (BRL)
Approached
BBY
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Reached
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Violated
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Price Breakouts
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Price Breakdowns
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4)
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If you are unfamiliar with Point & Figure Charts, click here to review Point & Figure Basics.
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