Trendlines and price targets on a P&F chart
Stocks
Paused — click to continue
QuantLogIQ can draw trendlines and price targets on any Point and Figure chart. Let's switch them on.
Steps:
1. Use this dropdown, which says Hide trendlines by default.
2. Choose All trendlines. Green lines are bullish support lines, and red lines are bearish resistance lines.
3. Now choose Bullish targets. After a breakout, the chart projects a target price, shown with a small arrow and the value.
4. A target is a guide to how far the move could go, based on the size of the base before the breakout. It's not a promise, so always use it with your own judgement.
Switch back to Hide trendlines anytime, for a clean chart.
Steps:
1. Use this dropdown, which says Hide trendlines by default.
2. Choose All trendlines. Green lines are bullish support lines, and red lines are bearish resistance lines.
3. Now choose Bullish targets. After a breakout, the chart projects a target price, shown with a small arrow and the value.
4. A target is a guide to how far the move could go, based on the size of the base before the breakout. It's not a promise, so always use it with your own judgement.
Switch back to Hide trendlines anytime, for a clean chart.