Thursday, October 04, 2007

Technical Analysis: Would You Purchase this Stock?

Question: Refer to the following "Point & Figure Chart" that goes back to 2003 and decide if you would purchase this stock. Point & Figure Charts provide a long-term perspective of price action. The X's indicate the price is rising and O's indicate the price is declining.


Answer: In your response, indicate the reason for your decision. [There is neither a right or wrong answer.]

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