PLEASE SHOW AND EXPLAIN SOLUTION. I REALLY WANT TO LEARN THE STEPS. THANK YOU!

8. Currently, Charlotte Art Importers is selling at $23 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: Date Price Date Price Date Price 33 3538 37 38% 4/1 4/4 4/5 4/6 4/7 4/8 4/11 4/12 4/13 23% 28% 28 28 2934 30% 30% 32% 32 4/18 4/19 4/20 4/21 4/22 4/25 4/26 4/27 4/28 36 5/3 5/4 5/5 5/6 5/9 5/10 5/11 5/12 5/13 27 26% 28 28%4 28% 2874 29% 30% 29% 35 35% 33% 327 Plot the point-and-figure chart, using Xs for uptrends and Os for downtrends. How would a technician evaluate these movements? Discuss why you would expect a technician to buy, sell, or hold the stock based on this chart