Apple Inc Gann Angle Review

By: readtheticker | Fri, Jan 3, 2014
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Charts that have a large public and institution following tend to be more technical than those that don't! Apple Inc (AAPL) is a very friendly to Gann angle.

Time to consider a swing down for Apple Inc.

Folks who sold down from $700, now have another chance to sell down from $550. Selling had to stop at $400, as those that can, will manipulate the price higher to sell down holdings accumulated from 2009 onwards. One to watch.

Chart Daily, watch out for an ending wave c. Elliot wave seems to work with AAPL, and work well in the Gann angles.


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Investing Quote

"Stock market technique is not an exact science. Stock (and commodities) prices are made by the minds of men (and women). Mechanical trading methods or mathematical formulas cannot compete with good human market judgment." ~ Richard D Wyckoff

"A market is the combined behavior of thousands of people responding to information, misinformation and whim" ~ Kenneth Chang

 


 

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Author: readtheticker

readtheticker
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We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors.

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