In a Smith chart, 360 degrees corresponds to one full wavelength (λ), but a half wavelength (λ/2) represents a significant change in the reflection coefficient. A short circuit on a transmission line has a reflection coefficient of -1, plotted on the left side of the Smith chart. Lengthening the transmission line by 1/4 wavelength transforms the reflection coefficient to +1, resembling an open circuit, and moves the point to the right side of the chart. This movement illustrates that extending the line by 1/4 wavelength effectively shifts the point halfway around the Smith chart. Understanding this relationship is crucial for accurate impedance matching in RF applications.