Apple Inc With Gann Angles
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..
"The power to determine the trend of the market is due to my knowledge of the characteristics of each individual stock and a certain grouping of different stocks under their proper rates of vibration. Stocks are like electrons, atoms and molecules, which hold persistently to their own individuality in response to the fundamental Law Of Vibration"...."After exhaustive researches and investigations of the known sciences, I discovered that the Law Of Vibration enabled me to accurately determine the exact points to which stocks or commodities should rise and fall within a given time. The working out of this law determines the cause and predicts the effect long before the Street is aware of either." ~ William D Gann
"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
"The main purpose of the stock market is to make fools of as many men as possible." ~ Bernard Baruch
"The four most dangerous words in investing are 'This time it's different'." ~ John Templeton
"Money couldn't buy friends, but you got a better class of enemy." ~ Spike Milligan