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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Richard Estes who wrote (2173)7/25/1997 1:05:00 AM
From: TechTrader42   of 3325
 
I'm probably doing it all wrong. I'm new to Gann lines (and everything else in TA, for that matter). But you can reproduce the chart easily enough. I'm just plotting Gann angles in WOW over LXK's price, using the lows in July of '96 for the first point in plotting and the recent highs for the second point. The lines fanning out from July '96 to the present then indicate support at around 28 and resistance around 32.
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