GKP

your shooting star isn't very high in the sky. the one in September marked a reversal.
however, the candle you are looking at still says that the Bears are in control and that the Bulls lost all their nerve / buying power at the test of resistance.
I always look left on my charts. On yours there is a very long wick which the bears will be eager to test, to see if it was an outlier or a true rejection creating support.
If i were to rub my crystal balls together I would bet the left one we go down and test the low at the end of June. Though I have no idea whether it will get there or just attempt to get there, we'll just have to wait and see.

Looks more like shooting star?

Hammer formed at the close after a rush of buying.

here go ...

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pj ( hope it works or i'll have odo a diferent link .)

Two key levels approaching IMHO:



dl.dropbox.com/u/20815047/GKPdaily13_11_12.gif

First there's the horizontal support at 169p with the shorter term uptrend (from the 87p and 139p lows) at 162p (today, rising daily) and then there's a really good confluence of supports where the main uptrend from the 10p and 87p lows meets the 139.25p horizontal support in about the first week of December. 140p has, historically, been a very significant level so that should be a really strong support. If it breaks, though....

GL

latest



the other day..seems to be playing out




Hint compare gkp and xel patterns...both will fall a tad more and both will rally me thinks in the weeks ahead (171/85 first tranches)