Courtesy of Read the Ticker.
Gann Angles are great for stock selection, the momentum trader, and judging corrections.
Here is a winning stock, Gann Angle 4×1 is holding the trend of PriceLine. Amazing trend!
Other stocks in this 7 year bull market like AAPL and SBUX have had great Gann angle supporting trends.
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Investing Quote…
…“Stocks create their own field of action and power; power to attract and repel,which principle explains why certain stocks at times lead the market and ‘turn dead’ at other times”…
William D Gann
..“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.”..
Bernard Baruch
..”Money can’t buy you happiness but it does bring you a more pleasant form of misery”..
Spike Milligan
..“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas.”…
Paul Samuelson
..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..
Bernard Baruch