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GKP
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12 years 9 months ago - 12 years 9 months ago #6845
by WaveSurfer
Replied by WaveSurfer on topic GKP
Or just technical bounce after tl test and back test of previous breakout bar....157/8 feel the pressure
Last edit: 12 years 9 months ago by WaveSurfer.
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12 years 9 months ago #6846
by Jackozy
Yes, could have been WS. Please forgive my cynicism 
Yep - 158p is downtrend resistance and also the 4H RSI resistance from the bear div trendline:
dl.dropboxusercontent.com/u/20815047/FTS...ts/GKP4H26_06_13.gif
Should drop back to c. 140/1p now but I have this as a probable trend-changing move now with a truncated 5 of C completed at 129.25p the other day.
Yep - 158p is downtrend resistance and also the 4H RSI resistance from the bear div trendline:
dl.dropboxusercontent.com/u/20815047/FTS...ts/GKP4H26_06_13.gif
Should drop back to c. 140/1p now but I have this as a probable trend-changing move now with a truncated 5 of C completed at 129.25p the other day.
The following user(s) said Thank You: remo, WaveSurfer, annes goal, CT79, abudawud, buffet, cautious tone
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12 years 9 months ago - 12 years 9 months ago #6847
by WaveSurfer
Replied by WaveSurfer on topic GKP
haha J
- thought id posted the monthly chart yesterday ...
here's today updated ...
dl.dropboxusercontent.com/u/40497882/gkp_monthly_June13.JPG
here's today updated ...
dl.dropboxusercontent.com/u/40497882/gkp_monthly_June13.JPG
Last edit: 12 years 9 months ago by WaveSurfer.
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12 years 9 months ago #6848
by remo
You could see how the re-drawn channel is now acting as resistance.
This has to finish above that channel for real strength to come.
But the real area this has to finish above is 166.5 If this area gets taken out then back up to 190 area
dl.dropboxusercontent.com/u/4899609/gkp26thjune.png
This has to finish above that channel for real strength to come.
But the real area this has to finish above is 166.5 If this area gets taken out then back up to 190 area
dl.dropboxusercontent.com/u/4899609/gkp26thjune.png
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