Point-and-Figure Plots Daily closing prices for U.S. Surgical, Inc., are shown below for a six-week period. If you consider a major move to be $3, construct the point-and-figure chart for U.S. Surgical stock over this time period.
|
Week 1 |
80 |
79 |
78 |
75 |
72 |
Week 4 |
58 |
62 |
60 |
57 |
58 |
|
Week 2 |
70 |
66 |
60 |
62 |
63 |
Week 5 |
57 |
62 |
69 |
70 |
70 |
|
Week 3 |
64 |
64 |
62 |
59 |
55 |
Week 6 |
72 |
70 |
68 |
69 |
69 |