Point‐and‐Figure Charting
Figure 15.23 A Basic Three‐Box Reversal Ascending Triple Top Breakout on a Point‐
and‐Figure Chart of Financial Select Sector SPDR.
Courtesy of Stockcharts.comFigure 15.24 A Basic Three‐Box Descending Triple Bottom Breakout.bullish and bearish signals for further continuation beyond the breakout. See
Figure 15.25 for an illustration of the basic setup for a spread triple top.
Figure 15.26 is an example of a spread triple top breakout in Keycorp.
See Figure 15.27 for an illustration of the basic setup for a spread triple bottom.
Figure 15.28 is an example of a spread triple bottom breakdown in Tesoro
Petroleum Corp.bullish and bearish triangles
Just as in conventional bar charts, Point‐and‐Figure charts also contain triangular
formations where boxes are converging toward an apex, not unlike symmetrical