Does the QID look bullish on the Point & Figure Chart?

Looks to me like the latest column of X is extending now on the P&F chart of QID. That should be longer term bullish for the QID (and bearish for the Nasdaq). Am I reading this correctly?

Best Answer

TeekaTiwari answered a question in General Market.
196 points

TeekaTiwari answered 2 years ago …

Hey Ethan, In my opinion it's a buy on the point and figure charts but the market is very oversold here so one must be nimble.

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