Hi andilisa
All questions are interesting as we all see something different in a chart using a variety of methods ,not saying mine is correct but after reading some of W.D.Ganns theories ,
I have come to like the gann fan in Metastock which I will normally plot at the base of the breakout to check the strength of the trend in the case of OXR it starts back in 30.3.01,
OXR has used the lower 3*1 and the upper 2*1 as support and resistance all this time ,
It is Interesting as I have found that a stock trading near 45 degrees is worth sticking with, so angles have become another indicator for me ,
Yes drawing the chart by hand in log scale would be a far more accurate way to go,
I am still looking at Gann and could end up drawing charts of several liquid stocks and only trading these ??,
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These are the Gann angles
1 x 8...82.5 degrees
1 x 4.-.75 degrees
1 x 3-.71.25 degrees
1 x 2.-63.75 degrees
1 x 1.-45 degrees
Strong stock, look for a steep angle
on the D.W.M chart
2 x 1-26.25 degrees
3 x 1-18.75 degrees
4 x 1-15 degrees
8 x 1-7.5 degrees
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