STOCK GOODIES PLAYS OF THE WEEK

[Black_NITE]

Point & Figure Charts ~ Varying Box Ranges

A P&F Box does not represent a single price, but rather a price range that depends on the current column. This range rises for a rising X-Column and falls for a falling O-Column. For a rising X-Column, a box marked with a 12 would range from 12 to 12.99 and a box with a 13 would range from 13 to 13.99. Prices would remain in the 12 box as long as they ranged from 12 to 12.99. A move to 13 would warrant another X in the 13 box. In fact, a print anywhere between 13 and 13.99 would warrant another X.

It works a little different when the current column is a falling O-Column. A move to 12 would warrant an O in the 12 box. This O would remain as long as prices range from 11.01 to 12. Notice that this range is different from the range for a rising X-Column. A print of 11 would then warrant an O in the 11 box. Anything between 10.01 and 11 would warrant an O in the 11 box.