GKP

I like to surf, 85 break, hold n closex2 and you will see a whoooosh. 63p must hold closing basis.

Year low and 85 us just banging in the base. For real strenght to start playing out a close abv 85 n 102 and the base will start pumping...possibly to that gap..with pullbacks along the way.

63, 68, 78, 85,102

cheers ws

quote="roxalana" post=11720]Yea,it was a cop out as i'm no surfer but there are plenty of sp drivers that would make such a rise a distinctly plausible possibility.
You see kk,i'm good at this whole cop out thing.
There goes another:) whooooooosh[/quote]

Tf - nice candle on your chart on 1 Dec too. 3rd day confirm it ?

So we have gone to 67 and now its 63 that has to hold... expected more of a "woosh" up though.. not much of an attempt at 85. Maybe as far as the new agreement between the KRG and the Iraqi gov go, ostensibly good news, its still once bitten...

uk.advfn.com/p.php?pid=chartscreenshotsh...eY%3D&symbol=L%5EVED

I think this chart shows GKP is range bound atm...
It quite easy to trade it imho... look out for the rsi to hit that support line, should be around 63/65p area when it does..

It will break out upwards at some point imho, lets deal with that if and when it happens...until then i'm having fun trading this
Regards
Trendfriend

dl.dropboxusercontent.com/u/40497882/GKP%20Weekly%20Dec14.PNG

uk.advfn.com/p.php?pid=chartscreenshotsh...TNYw=&symbol=L%5EGKP

The rsi has broken support, the share price is lilkely to follow...
Watch thge 20 day ema...
63p vital here, a break and a few days below 63p......
Careful here now imho...could bounce back, and its holding 63p for now so lets see..

Regards,
Trendfriend.