GKP

remo wrote: Im long on GKP from the 203 area.
This level has been support and resistance for gkp for a long time.

dl.dropboxusercontent.com/u/4899609/gkp12thsept.png

This should be a free trade now for anyone that got in at 203.
Ive moved My stops on this to 208 .

dl.dropboxusercontent.com/u/4899609/gkp17thsept.png

Ya wee devil! Just convinced me to reset my target to 259. Already upped my stop to 209. In at 204. Bon chance mon ami!

Am I looking at a bear flag forming, Im not sure if I have seen one before at the top of a trend perhaps the experts could enlighten me.


Only another 499 to go (only joking Remo)


www.screencast.com/t/wl7dnNsxI

surely thats a bull flag?

SirRichardBunson wrote: Am I looking at a bear flag forming, Im not sure if I have seen one before at the top of a trend perhaps the experts could enlighten me.


Only another 499 to go (only joking Remo)


www.screencast.com/t/wl7dnNsxI

Its not a bear flag.
Bear flags comes after a long down move...so the opposite of a bull flag.....

The question on all our lips: did the gap close?
Doesn't look like it.
What Fibs are in play now?