Using Gann Fans to illustrate the increase in bullish movement in this equity. The chart is composed of four fans. The fans labeled A are identical twins. The fans labeled B are also twins. Looking at these fans it is clear NOK is moving up at a much faster rate as it looks to clear the red angle of fan A. Volume also increasing.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.