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Long GENEL today

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10 years 3 months ago #13181 by Paitech
Replied by Paitech on topic Long GENEL today
TF, not sure if it just closed above 268p? today?

Good luck..
ta
G

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10 years 3 months ago #13179 by Trendfriend
Replied by Trendfriend on topic Long GENEL today
Thanks Paitech...

You could well be correct, and yes it tested 268p today and failed.
So best to wait for 268p to break, and reassess.

i know very little about the latest news and fundamentals here tbh.. :huh:

Have a nice weekend folks,

Trendfriend.
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10 years 3 months ago #13178 by Paitech
Replied by Paitech on topic Long GENEL today
TF,

I was about to reply yday, when I saw ur entry, that I feel this may go down as long as it cant break 269p. Looks like this has fallen down of that again today.
It could well head to 205p, and I feel gutted... could have made around 4~5K £ profit selling at 370s and bought back in lower price.. but thats I need to b not greedy.
I hold sub 300p but... I think fundamentally too.. KRG is getting few good news..and there may be some news soon on GKP GENL. Anyone who can buy them lower is lucky... as long as price goes up.
Good luck n good weekend. ta G
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10 years 3 months ago #13177 by Trendfriend
Replied by Trendfriend on topic Long GENEL today
Quick look here. this looks encouraging..hmm... :whistle:
you have the break of the short term trendline. looks like higher lows. and the rsi breakout as well.

More aggresive traders would take this on now. (which was what i did but i bottled it lol..) :lol:

Cautious traders wait for 268p to be broken(bid and offer)
uk.advfn.com/p.php?pid=chartscreenshotsh...yE%3D&symbol=L%5EAMC

Regards,
trendfriend.
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10 years 3 months ago - 10 years 3 months ago #13175 by Trendfriend
Replied by Trendfriend on topic Long GENEL today
I closed this position just now... :(
while we did get a small bounce yesterday, did'nt get the quick push i was looking for....could still bounce from here, not sure so i closed out here...

Going to wait and see what it does..
Break below 250p and rsi support should take us to 200p imho...
Or it could well respect that rsi resistance break and bounce from here... :unsure:

Regards,
trendfriend.
Last edit: 10 years 3 months ago by Trendfriend.
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10 years 3 months ago - 10 years 3 months ago #13173 by Trendfriend
Replied by Trendfriend on topic Long GENEL today
uk.advfn.com/p.php?pid=chartscreenshotsh...%3D&symbol=undefined

I just went long here @264p... maybe it would have been wiser to wait for 268p to be cleared :unsure:
My stop for now is at 248p.. its going to get moved on a rise... ;)
This is speculative so stops are a must imho...


Regards,
trendfriend.
Last edit: 10 years 3 months ago by Trendfriend.
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