At readtheticker.com we like Gann tools that work, and at the top of the list
are Gann Angles. Most folks use trendlines and channels, but they dont give
you a speed test of price action. Man, you gotta have a speed test!
The weekly Apple chart below shows that price is falling at 8 units of price
to 1 unit in time, that is very fast. The pure fundamental money managers are
on TV promoting Apple Inc cash balance and new product this and that, but as
we all know this company success has attracted very stiff competition from
the Andriod smart phones (Samsung) that has crushed margins. This stock is
'stay the hell away' for the retail investor until serious buying turns up
and forces the breaking of the 1x8 Gann Angle at the very least. Retail investors
do not want to be first in!
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and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides
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