GKP

anybody see a H&S on the gkp chart ? neckline comes in @ approx 145

What next WS? Jacko's Wave 5 down or bounce from remo's support at the breakout point of 137.5?
News that upcoming STEAM conference is postponed has knocked the wind right out of the rise.

silly me ...i was testing the time function on the discussion board. Since the server went down last night it messed all the times up. Its alright now as ive re-set it all.

Syrian Empire wrote: LOL - I thought you were refering to the retest of 145 on GKP!!!

if 137 does not hold then......

dl.dropboxusercontent.com/u/40497882/gkp_HnS_16thmay.JPG





also came @ resistance....

Well, I've closed my little short at 141 in case of a bounce off the 139-141 area as discussed. I've also added a small long back in. Not quite sure how it's looking as I'm out and about. Will have a look later on but that was a pretty strong rejection of the 160 level so wave 5 down would be my favorite option still. Depends what happens at this crucial area now imho.

Jackozy wrote: Remo, I think you've forgotten to re-draw your top channel line after the move to 189.375p on the 9th April. My channel top is at 171.5p today, not 167.8:

dl.dropboxusercontent.com/u/20815047/GKPdaily16_05_13.gif

silly me
ive got so many charts on the go keep forgetting to redraw trend lines....dohhhh
thanks mate for letting me know...