Point-and- figure charts and moving averages both reduce the effect of random, short-term market fluctuations.

Name: Point-and- figure charts and moving averages both reduce the effect of random, short-term market fluctuations.
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Question

Quizplus · Accepted Answer

Both point-and-figure charts and moving averages are used to identify trends and eliminate the noise from short-term market fluctuations, making it easier to identify the overall direction of the market or a particular security.

Point-And- Figure Charts and Moving Averages Both Reduce the Effect