Support/Resistance on a Point and Figure Chart

[glebecki]

Hello, fellow Trade2Winners,
Can anyone please tell me how to locate support and resistance levels on a Point and Figure chart? What specifically does one look for to find a support or a resistance level
on a Point and Figure chart? thanks, -- george

 

[bansir]

Hello, fellow Trade2Winners,
Can anyone please tell me how to locate support and resistance levels on a Point and Figure chart? What specifically does one look for to find a support or a resistance level
on a Point and Figure chart? thanks, -- george

Hi glebecki,
Try this link; it explains it better than I can.

Understanding Point & Figure Charts - StockCharts.com

Hope it's of use.

Best Regards,
Neil