Technical_Analysis_page_249

Technical | Analysis page 249 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

220 Part Ill Trend Analysis Arithmetic Scale Scale becomes a problem in plotting point-and-figure charts, especially when the price rises or falls a significant distance. Obviously, when a stock is trading at $70, a one-point move is less significant than if it was trading at $7. Blumenthal first…