Do You Know When it’s Time to Sell?
Using Point and Figure Charts is one of the best ways to avoid losers in the stock market. A Point and Figure Chart is a filtered view of a security. It measures only price movement. It is constructed of alternating columns of Xs and Os, where Xs represent an increase in price and Os represent a decrease in price. The two never appear in the same column.
When an “O” column exceeds a previous “O” column on the downside, that’s a sell signal. Concentrating on getting rid of securities giving a Point and Figure Sell Signal is one of the best ways to avoid losers in the stock market.