Courtesy of Read the Ticker.
The stocks with a wide following are excellent for Gann Angles, and even if you know nothing about the stock market judging your portfolio with Gann Angles will keep you on the right side of the trade.
The point with Gann Angles is you wish to own stocks that rise faster in price units than time units, A Gann Angle of 1×2 means (Time Unit vs Price Unit) means that price is going up 2 units of price to 1 unit of time.
Nothing wrong with that!
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And on the Daily Chart..
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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote…
..”Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.”..
William D Gann
..”Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected”..
George Soros
..”Money couldn’t buy friends, but you got a better class of enemy”..
Spike Milligan
..“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas.”…
Paul Samuelson
…“To me, the ‘tape’ is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!”…
Martin Zweig
