A type of charting that normally disregards both time and volume is the
A) bar chart.
B) point and figure chart.
C) pie chart.
D) histogram.
E) linear regression graph.

Question

Quizplus · Accepted Answer

Point and figure charts are a type of charting that focus on price movements rather than time and volume. Each column of X's and O's represents a certain price increment, and a new column is only added when the price has moved a pre-determined amount. This type of charting is useful for identifying trends and potential reversals, but is not as widely used as other charting methods.

A Type of Charting That Normally Disregards Both Time and Volume