GKP

I went long @ 77p.
i was waiting for it to clear the 20 day @ 76.5p

this should be good for a bounce to around 85p IMHO
I will move my stop quickly, as this is high risk imo.
Regards,
Trendfriend

this area is also part of the 123 low formation(not the biggest)) but still is..

stops should be below 67...thats where the 2 point is..


dl.dropboxusercontent.com/u/4899609/gkp20thaugust2014.png

I closed my position here, technically the set up is good, but there is a lot of resistance ahead.
I don't feel very confident IMHO, and i'am happy to take a small, but quick scalp here.
uk.advfn.com/p.php?pid=chartscreenshotsh...YU%3D&symbol=L%5EKAZ

As always dyor,
Trendfriend.

Yep, sure is Richard. Technical bounce today on break. As I noted earlier, I expect 84 minimum, being the ma50 and trendline resistance. If those two fall then look to horizontal resistance at 96.50. Resistance on the weekly is around 90. No hurry, but there's more here for the taking before a retrace. Indices being negative is holding it back IMO.

Glad you made some money TF.

F4T

psyurmh wrote: Hi F4T

We have hit 77p this morning. Is that a break of the triangle?

Hope it plays out for you F4T
ATB,
Trendfriend