• 557 days Will The ECB Continue To Hike Rates?
  • 557 days Forbes: Aramco Remains Largest Company In The Middle East
  • 559 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 959 days Could Crypto Overtake Traditional Investment?
  • 963 days Americans Still Quitting Jobs At Record Pace
  • 965 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 968 days Is The Dollar Too Strong?
  • 969 days Big Tech Disappoints Investors on Earnings Calls
  • 970 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 971 days China Is Quietly Trying To Distance Itself From Russia
  • 972 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 976 days Crypto Investors Won Big In 2021
  • 976 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 977 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 979 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 979 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 983 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 983 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 984 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 986 days Are NFTs About To Take Over Gaming?
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