Q: Just a quick question about prices on charts. Do you use log or simple for prices? Using log charts, you don't see the peaks and valleys as much as a simple chart. Also drawing long term trendlines connecting the previous bottoms gives you different support prices when using simple vs log. Is there one that you favor or people use more than others? Thanks!
5i Research Answer:
It depends a bit on the company. Typically if it has had a big run, we will use a log chart but if it is more of an 'average' chart, we find a simple chart does just fine.