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Currently, Charlotte Art Importers is selling at $ 2 5 per share. Although you are somewhat dubious about technical analysis, you want to know how

Currently, Charlotte Art Importers is selling at $25 per share. Although you are somewhat dubious about technical analysis, you want to know how
technicians who use point-and-figure charts would view this stock. You decide to note one-point movements and three-point reversals. You gather the
following historical price information:
Choose the correct point-and-figure chart where Xs are used for uptrends and Os are used for downtrends.
The correct chart is
A.
42
41
40 X O
39 X O
38 X O
37 X O
36 X O
35 X O
34 X O
33 X O
32 X O X
31 X O X
30 X O X
29 X O X
28 X
27 X
26 X
25 X
24
23
22
21
B.
42
41
40
39 X O
38 X O
37 X O
36 X O
35 X O
34 X O
33 X O
32 X O
31 X O
30 X O
29 X O
28 X O X
27 X O X
26 X O X
25 X O X
24 O X
23
22
21
C.
42
41
40
39
38
37 X O
36 X O
35 X O
34 X O
33 X O
32 X O X O
31 X O X O
30 X O X O
29 X O X O
28 X O X
27 X O X
26 X
25 X
24
23
22
21
D.
42
41
40
39
38
37
36 X O
35 X O
34 X O
33 X O
32 X O X O
31 X O X O
30 X O X O
29 X O X
28 X O X
27 X O X
26 X O X
25 X O X
24 O X
23 O X
22 O X
21
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