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 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 1x2 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!
And on the Daily Chart...
We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund.
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