GKP

my charts are going into buzz mode, those that have been on chat for a few weeks know my thoughts abt the tide was turning on GKP and my view is the low has been put in barring any catasrophe. BIG UP

04th july weekly progress

dl.dropboxusercontent.com/u/40497882/GKP_weekly04july.JPG





The weekly now is abt to go into full force, the doji reversal looks like to have confirmed and breakout of the dtl, macd x, rsi looking good & soon we get full force EMA x (see previous post on this), this has happened on the daily charts....

all imho dyor.

here is the weekly updated chart on 06thjuly...




dl.dropboxusercontent.com/u/40497882/GKP_weekly06july.JPG

Regards WS

enjoy the weekend

dl.dropboxusercontent.com/u/7238706/GULF%20KEYSTONE.png

WaveSurfer, I gotta say I agree, even if my labeling is a bit different it amounts to the same thing: I got it in a wave 3 of 1 and my chart attempts to predict where we are headed. Now, the crystal ball may be a bit cloudy,and the eyesight similar, so this is not the gospel, ok This is what I see as a minimum and I would quite expect 5 of 1 to make 228, the X on my chart. The other thing I should say, so as to avoid confusion, the time-scale of the prediction is probably completely wrong: once this gets going I think it will be much quicker than the chart shows.

This is not a trading recommendation merely a bit of fun so, you have been warned

lets get abv 166 and then 172 on bigger time frames 1st, for further confirmation...what we do know is gkp must not close below the recent lows.

if i'm right abt my count then the all times high should be seen at a minimum and perhaps more.

let's stick a fork in that weekly chart and let's use log scale - to see what it comes up with...lets use some fibs too...

maybe we go something like this...no point looking at blue sky until lower numbers are taken out, perhaps when approx 400/450p does come most may just cash in but the question then remains....will it be too early




dl.dropboxusercontent.com/u/40497882/GKP...othe_future_PIII.JPG

not a recommendation to buy of course & not intended to get everone excited... but i must look at the options based on a chart, just as we looked at downside targets previously....dyor.

Always the uber bull, WS!

I'm still favouring the following count but some of the price targets are similar:



dl.dropboxusercontent.com/u/20815047/FTS...ojection07_07_13.gif

As you say, first we need to deal with 166p as there's still a possible symmetrical triangle wave 4 of C in play (not my preferred option).

It could be quite a long time until we establish which of these long term counts are correct (if any) since your wave 1 of P3 and my wave 3 of P3 are at similar levels. Should be fun though!

BTFD, eh?

uk.advfn.com/p.php?pid=chartscreenshotsh...9fn6r&symbol=L%5EGKP

trendline bounce off 157 , fails there then hello 140 again on the fibs
williams % tipping ..

lets see what the 8m decides to do

been busy so havent been around

pj

edit TL bounce off 147 ... what a goon !!