GKP

72 to 117 = +62%
117 to 61 = +48%
61 to 90 = +47%
90 to 67 (so far) = +25%

and that's only the past 3 months. Not bad for a lousy trading share.... plenty of signals in there too IMO, some of which are documented on this very thread..

I don't trade with emotions Remo and I certainly hope you don't either. It's all about patience more than anything else, plus a bit of know how. Trade the signals/setups and if there aren't any, don't trade. Don't over trade and eliminate positive bias is my advice to you.

Not sure what second guessing has to do with anything.

Anyway, each to their own views and techniques.

GL
F4T

remo wrote: with shares any thing is possible...you cant second guess a share..leave emotions out of it

Food4Thought wrote: There has never been anything boring about GKP Remo. It reacts extremely well to technicals and the whiplash volatility always promises above average gains. One can make a living on this share alone, long and/or short. Some do.

It's always nice to hear those brave pioneers reminisce about the 10p days, but it really doesn't matter what price the stock is at because the interest in it has remained from traders and PI's throughout.

We all agree that 54p is a good marker for a bounce but I personally think that a return to 14/10p is a little premature. Maybe if IS nationalise the assets .

Thanks F4T, Remo, WS, always good to have healthy debate about gkp! ')

I was taking a look at GKP again, this has been in a falling channel since late Aug.
I think a break of this channel will see this tumble very quickly to the bottom of the bigger falling wedge @ 52p(ish)

The bottom of this small channel is @ 66p today (falling daily)
I intend to go short on the break of 66p today only.
uk.advfn.com/p.php?pid=chartscreenshotsh...o0A4=&symbol=L%5EGKP

This is the bigger wedge we have been in for some time.
uk.advfn.com/p.php?pid=chartscreenshotsh...0U%3D&symbol=L%5EASC

Regards,
trendfriend.

Well i wanted to go short, but IG will not let me!
Not fair really, can be sure they would let me go long!

Should start seeing some volume building as we near the 60/61 support. Short is certainly the play TF. 28% now for those that did so at 89/90!