A P&F Triple Top forms when a column of X's reaches a resistance level that stopped the two previous X columns. Point and Figure charts plot rising prices as columns of X's and falling prices as columns of O's, ignore time, and add a new column only on a reversal of several boxes, which filters out minor moves. A move one box above the twice-tested high is the Triple Top Breakout, a stronger buy signal than a double top because more supply has been absorbed.
