No worries.
Here is a brief explanation.
Yellow boxes with numbers and letters are beginning of each month - Hex system. 1 to C = Jan to Dec.
Blue box - next higher high after a lower low.
Red box - next lower low after a higher high.
O is a falling price column.
X is a rising price column.
I use 3 point reversal with the prices shown on the left.
Grey is the trend.
To understand how the charts work, research Dorsey - Point and Figure Charting or look in Stockcharts or Dorsey-Wright on the NASDAQ.
I do not use the same numbers you find in standard P&F charts. The scale used is adopted after a couple of years research.
Double tops, bottoms are in orange.
There is no time scale. I use my sentiment indicator for timing then select stocks based on P&F chart setup. Support, resistance, etc.
Hope this helps.
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No worries.Here is a brief explanation.Yellow boxes with numbers...
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Last
$2.50 |
Change
0.030(1.21%) |
Mkt cap ! $3.398B |
Open | High | Low | Value | Volume |
$2.53 | $2.53 | $2.48 | $996.2K | 397.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 15172 | $2.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.50 | 54207 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 68836 | 2.490 |
12 | 62439 | 2.480 |
17 | 93917 | 2.470 |
7 | 79624 | 2.460 |
11 | 239919 | 2.450 |
Price($) | Vol. | No. |
---|---|---|
2.500 | 14248 | 9 |
2.510 | 87318 | 16 |
2.520 | 75427 | 17 |
2.530 | 83819 | 15 |
2.540 | 100562 | 10 |
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