Volume and specific calendar time are not considered important in a:
A)Logarithmic price and volume chart.
B)Point and figure chart
C)Nominal price and volume chart.
D)Moving average convergence and divergence chart.

Question

Quizplus · Accepted Answer

Point and figure charts only focus on price movements and ignore volume and specific time intervals. They are constructed by representing price movements with X's and O's, and only change direction when a set price movement threshold is met. Thus, the chart only focuses on the direction of price movement rather than the volume or specific time it occurred.

Volume and Specific Calendar Time Are Not Considered Important in A