Another stock showing a Gann angle test that is likely to be busted.
From : readtheticker.com
Stock Symbol: HL
Sector: Gold Stocks, mining
This stock is warming up, and a break of the near red 1×1 Gann Angle (Calendar) and a price test that follows would be the perfect buy. Since the false break out down the stock price and volume action has been very bullish, buyers are clearly present. One to watch.
Investing Quote…
..”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 either.”..
William D Gann
..”October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”..
Mark Twain
