Linton Price Targets on the Bloomberg Terminal

Linton Price Targets take point and figure targets, an historic technical analysis technique, and re-imagine them. Point and figure charts haven been used for over 100 years but they have a few disadvantages:

• Proper point and figure charts are hard to get now (except in Updata)
• The charts are not easy for the newcomer to learn
• They are, sadly, considered old fashioned
• There is no time in the charts (the x axis is reversals)
• It is hard to know when a target is failing as time progresses
• Other time-based techniques can’t be used on point and figure

By applying the targets to a normal time-based price chart, Linton Price Targets are instantly easier to use. And crucially, this enables you to see when a target may be met and if it may be failing with the passage time.