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A Point and Figure Chart

Question 54

Multiple Choice

A point and figure chart:
I. Gives a sell signal when the stock price penetrates previous lows
II. Tracks significant upward or downward movements
III. Has no time dimension
IV. Indicates congestion areas


A) I and II only
B) II and III only
C) I, III, and IV only
D) I, II, III, and IV

Correct Answer:

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