• 1,118 days Will The ECB Continue To Hike Rates?
  • 1,119 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,120 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,520 days Could Crypto Overtake Traditional Investment?
  • 1,525 days Americans Still Quitting Jobs At Record Pace
  • 1,527 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,530 days Is The Dollar Too Strong?
  • 1,530 days Big Tech Disappoints Investors on Earnings Calls
  • 1,531 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,533 days China Is Quietly Trying To Distance Itself From Russia
  • 1,533 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,537 days Crypto Investors Won Big In 2021
  • 1,537 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,538 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,540 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,541 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,544 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,545 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,545 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,547 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

readtheticker

readtheticker

readtheticker

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…

Contact Author

  1. Home
  2. Markets
  3. Other

Would You Buy This Stock?

Thinker

Some stocks are true wealth builders. In truth you only really know if the stock is true wealth builder when there is a 5% to 15% sell off. When this happens it is your chance to see the buying frenzy, once you see that you know the stock float is in demand. Question is, now that we have just had a pullback of 16% in stock market, would you buy this stock??

When a stock behaves like this below, any system works, I mean anything you can dream up. When in fact the only system you need is 1x1 Gann angle drawn correctly on the chart, with the correct scale and a true understanding of the fundamentals that make the stock attractive.

Once you have a stock like this why, bother with the rest??

We expect this stock to bounce, but with all that is going on in the market, stops must be used as a break of the 1x1 angle would not be nice.

Just had an idea, start a investing approach where all your stocks and ETFs are on the correct side of the 1x1 Gann Angle. Sign up to readtheticker.com and get started!

DTG

 

Back to homepage

Leave a comment

Leave a comment