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13 years 21 hours ago #4360 by Food4Thought
Replied by Food4Thought on topic GKP
Another engulfing candlestick and ice broken beyond repair. I don't give 187 much chance here, if any.

Some interestimg days ahead.

F4T
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13 years 21 hours ago #4358 by CT79
Replied by CT79 on topic GKP
Hi Remo/Jackozy

After yesterdays close at 189.75 and now then the DOW finishing like it did, do you see the 187 (61.8%) area having much chance of holding or is the likelihood a visit back to 172 level now looking inevitable?

Thanks
CT79
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13 years 5 days ago #4301 by Jackozy
Replied by Jackozy on topic GKP
Some bullish divergences in RSI, MACD and OBV occuring on the hourly chart now:



dl.dropbox.com/u/20815047/GKPhourly21_02_13.gif
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13 years 5 days ago #4299 by Jackozy
Replied by Jackozy on topic GKP
Gulp! :-)

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13 years 5 days ago #4297 by Food4Thought
Replied by Food4Thought on topic GKP
You are on. Should be interesting given price action so far today :)

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13 years 5 days ago #4295 by Jackozy
Replied by Jackozy on topic GKP
Hi F4T,

Yes, I agree and was aware of those facts. I'm sure there'll be some fun and games anyway :-)

Markets are bearish for now but there may still be one last, weak, attempt from the bulls to push them to a final high before a proper correction (IMHO).

Fancy a pint on it not getting to 172/3p? ;-)

ATB
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