The point and figure chart analysis was in vogue much before computers were invented. Point and figure charts can be better understood by comparing them with bar charts.

Moving back to Point & Figure charts, there are two common types of charts. The 3-box reversal chart is akin to a daily chart except it only prints a new column or mark when a breakout occurs and ...

Learn how to construct and read point and figure (P&F) price charts that are designed to highlight entry and exit points for long-term investing positions.

While most technical analysis charts are inclined to be the open-high-low-close price charts, the closing price of the stock is emphasised in the point and figure chart.

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.