POINT AND FIGURE (P&F) CHART
\pˈɔ͡ɪnt and fˈɪɡə pˈiː and ˈɛf t͡ʃˈɑːt], \pˈɔɪnt and fˈɪɡə pˈiː and ˈɛf tʃˈɑːt], \p_ˈɔɪ_n_t a_n_d f_ˈɪ_ɡ_ə__ p_ˈiː _a_n_d ˈɛ_f__ tʃ_ˈɑː_t]\
Definitions of POINT AND FIGURE (P&F) CHART
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A chart which is made to show the fluctuations in bond prices, prices of commoditie, stocks and the link. Time is ignored in this chart. The primary focus lies on changes. Hence, unless there is a fluctuation in price, nothing is recorded by the chart, regardless of time elapsed. Price is shown on the Y axis and X does not have any axis, but cna mark dates or months, etc.
By Henry Campbell Black