littleriver

littleriver

One of the things I really like nmike's cloning techniques is they may be combined with other indicators at the same time to provide more information in one chart in an easy to read format.

littleriver

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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Nokia continues to hug the blue uptrend line as it bounces off the yellow neckline. I am in as" long" as that neckline holds.

littleriver

Alcoa closed below 8 dollars in June for the first time since 2009, Price now appears to be recovering nicely here off it's recent lows, as price bounced off neckline support yesterday despite being a tough day in the market. Next resistance is at 8.25 and then the yellow downtrend line. Looking for a long target near 8.60.

littleriver

I am watching for a possible breakout as old resistance turns to new support.

littleriver

Using nmike's techniques, I picked three points for my circle and enclosed it in a rectangle. Then , cloned this rectangle to form a larger rectangle consisting of 10 smaller ones. Next I drew trend lines (yellow x) connecting the corners of the larger rectangle. {Note: this is where I deviated from nmike's instruction) The trend lines forming the yellow x and a...

littleriver

Since July, the market appears to be turning in Nokia's favor for the first time in a long time, as price broke out of consolidation. Price continued it's new trend of breaking old lines today. Next bullish target is near 4.60.

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As FB sails along in this channel , I am watching for a break.

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Nordstrom has been on a very good run for a long time. I made this chart using nmike's methods hoping it might lend a clue to how much longer this run may continue. One of the first things that stood out was that the majority of the bull run has been bouncing off the yellow trend line. That would have been a good buy point. The second thing that struck me was the...

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URG looks to be in a good place for an entry long position after the break out from an inverted head and shoulders formation has stalled. The head and shoulders was used as a reference for the clones. I have a long target of 1.55 with a suggested stop just below 1.15. However, 1.36 has been a long time resistance point. Many of nmike's charting methods were used...

littleriver

Just sharing this point of view. Not much to be bullish about looking from this angle.

littleriver

Price fell below the blue line of the major upward projecting fan and the major downward projecting fan today. I have highlighted a couple of potential bearish targets.

littleriver

Looking at gold thru these Gann Fans, I am seeing a potential falling wedge formation. The price above is acting as new resistance and the price below is acting as old support.

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Present here is one possibility of a path forward in Palladium, assuming it goes up from here.

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The price of wheat is currently resting on the purple line of the last upward fan with the 1/1 grey line from the last downward fan just ahead and strong volume. I suspect a break is coming soon.

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Sugar is forming a bullish candle here off strong support. A couple of potential targets are at 18.43 and 19.26.

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Alcoa appears to be slipping lower here as price has just crossed the red line of the last upward projecting fan.

littleriver

As Sears looks to cash in with it's feature in Superman this summer, I decided to have a look. The chart has been spiraling down to this point since it's high in 2007 to form a very tidy right triangle. It will take the likes of superman to reverse course of this retailer. Looking at this weekly chart with Gann fans one of the things that stood out to me was...