A technical analyst was at a convention in which a long-term point and figure stock chart
was being discusseD. He noticed that low-price action did not appear as active as high- price action on the chart. One suggestion the technical analyst could provide, to clear up this apparent distortion, would be to:
- Change the charting scale to logarithmic
- Increase the time frame on the chart
- Change the scale to arithmetic
- Add the daily opening prices to provide a more visual benchmark of price changes
Reveal Solution Next Question