GKP

Thanks Ian and agreed.

I know this sounds cheeky but I don't suppose you watch SXX? Are you able to tell me the current supports if you do (for old times sake).

All the best,

Richard

This share is too dodgy to enter now. You would have to wait for a 123 low to form , but this would be a short term trade.
I got a shock when i looked into one of my old share dealing accounts I had some hidden gkp shares in there..lol.. I thought i had sold all of my gkp shares years ago. Lucky for me it was only a 1000 shares . Thats the problem with having to many share dealing accounts.


support ...24,,,,21.5,,,,,13(gap)
resistance...31.5,,,40.99,,,42,,,49(200ema)


zoomed out view


Close up


This has to clear the 200ema now to show signs of strength. The trend line is no longer valid as this has been going sideways and went through it. Sideways action normally kills a trend line trade as its not the real trend line trade.

I may well have got this wrong, but anyway....
Daliy chart.
uk.advfn.com/p.php?pid=chartscreenshotsh...aACso=&symbol=L^GENL

Close up.
uk.advfn.com/p.php?pid=chartscreenshotsh...p5A%3D&symbol=L^GENL

first time its broken any trendlines in a long time
Regards,
trendfriend.

who would have thought gkp would have went the opposite direction to the indexes recently ,lol
just need to get a confirmation from a 123 low breakout soon to give a green light.This bounced nicely of the 21.5 area support zone.


dl.dropboxusercontent.com/u/4899609/gkp27thaug2015.png

Thanks Remo. Will you post again upon confirmation please?

Is that the 123 low break today ??