Compounded % Gains Since Inception in 2003  3003%
[Member Login]

21 Day Free Trial!
  • Daily Stock Picks
  • Instant Email Alerts
  • Daily Commentary
  • Daily Annotated Charts
  • Real-Time Portfolio
  • Expert Advice.  
  • Personal Trade Journal
Click Here to Sign-up 

StockTradersHQ 
FREE Newsletter
Trading insights, tips, and strategies from our expert technical traders.
5 Second Sign-up
Just your e-mail
  

STHQ 2013 Winners 

Click here to view charts

Follow Us 

  

< Return to Glossary
 

Low Pole (LP)

A situation on a Point and Figure Chart that occurs when a down column that falls 3 boxes or more reverses to an up column. The reversal retraces more than 50% of a down move that has an odd number of "O's", or retraces more than 62.5% of a down move that has an even number of "O's". Because it is not an actual P&F buy signal but offers a good probability of leading to one, this formation is considered a "buy alert".
(source: StockCharts.com)
Copyright © 2003-2017 StockTradersHQ.com is owned and operated by The Winners Edge a subsidiary of DMC Systems LLC. All rights reserved.  This web site is optimized for Internet Explorer 5.0 or greater! DISCLAIMER articles bulletins charts

^Top^