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GKP
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11 years 5 months ago #11366
by Slow Eddie
Replied by Slow Eddie on topic GKP
Sorry to be dense Remo but could I ask why there is strong support at 43...
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11 years 5 months ago #11370
by Earlgreyhot
Replied by Earlgreyhot on topic GKP
SE,
Look at that part of Remo's chart that dates back between 2004 and July 07 - 43 is the line off which the SP bounced several times during that period of time. Historic I know, but I'm pretty sure that's where the 43 support comes from.
Cheers,
Mike
Look at that part of Remo's chart that dates back between 2004 and July 07 - 43 is the line off which the SP bounced several times during that period of time. Historic I know, but I'm pretty sure that's where the 43 support comes from.
Cheers,
Mike
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11 years 5 months ago #11375
by remo
Thats where the original move higher started from as well.
To be ohnest the longer gkp hangs around this area the more likely it will go lower so you have to be careful when a share price hovers near a strong support for a few days.I dont go long on a first attempt if the price hovers near support area. I only go long on a first attempt basis if the price hits a strong support area from a distance. Not when its only 5 points away.
To be ohnest the longer gkp hangs around this area the more likely it will go lower so you have to be careful when a share price hovers near a strong support for a few days.I dont go long on a first attempt if the price hovers near support area. I only go long on a first attempt basis if the price hits a strong support area from a distance. Not when its only 5 points away.
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11 years 5 months ago #11380
by Food4Thought
Replied by Food4Thought on topic GKP
Pretty nice volume yesterday. It's been a long drop form 89 but at last I think it's time to buy, for me anyway.
GL
F4T
GL
F4T
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11 years 5 months ago - 11 years 5 months ago #11383
by Trendfriend
Replied by Trendfriend on topic GKP
Wait to clear, and close above 48p.
Below 48p, 17p possible.
Below 48p, look for 17-13p range IMHO, DYOR.
Regards,
Trendfriend.
Below 48p, 17p possible.
Below 48p, look for 17-13p range IMHO, DYOR.
Regards,
Trendfriend.
Last edit: 11 years 5 months ago by Trendfriend.
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