GKP - Research

Or just technical bounce after tl test and back test of previous breakout bar....157/8 feel the pressure

Someone in the know yesterday then was there? Tut tut! LOL!

RNS this morning could shift the price up.

A weekly close above 155.75p would give a bullish engulfing candle too - all the more important since last week was a bearish marubozu.

Is there a gap at 154p though?

Curiouser and curiouser...

as we draw nearer towards the end of the month, it's work keeping an eye on the monthly chart...

Monthly close abv of 157/8 is the area to watch should it get there will be positive & it will be 2 consecutive months of Green since sept 2012...

i wont go into the consequence should we break on a monthly basis of the previous lows, unless the candlestick has some significance.....

I've been watching the MACD for the past few months,

It certainly looks like it's now poised for a decent push north.

Just need to close above those key levels to set things off.