GKP

sure...

i'll post this chart that i posted several months ago....see line in the sand comment...




dl.dropboxusercontent.com/u/40497882/Gul...B%29March%202015.png

although price recovered need to see it continue to take out that 46p level and not look back. whilst price remain below that 45/46p, lower prices i.e 28p & 14p are distinct possibility.

I dont now the ins and out the daily stuff that goes on with this share, but on the whole structure of this move alone suggest's there will be a decent upside, when, the price must start trading abv some key levels...(see yearly chart)




dl.dropboxusercontent.com/u/40497882/Gul...%292015%20Yearly.png


rgds WS

Wavesurfer:

"new low today, one more poss...no 46 no higher. 14/28p reamin in sight"

Hi W, the 'new low today' bit I understand (as in 33), but the rest of that sentence isn't very clear to me. Particularly the 'no 46 no higher' bit. Could you please elucidate/break that down a little further?

Many thanks in advance,

EGH

man what a share. new low today, one more poss...no 46 no higher. 14/28p reamin in sight, nice prices ocean. on the pnf update.... kudos!


really like to see price closing abv nov highs.... for upside momentum to kick in.

It's not looking very smart after yesterdays sell off. Be aware of the for sale sign over GKP's head, could send it in either direction if a bid comes in or fails to materialise.

Cheers,
M.

I have also looked at the daily candlestick and if my interpretation of Elliott Wave from a recent high is correct, then is there is a good chance that we can see 25.78.
Given that I find Elliot Wave quite complex, if anyone has a different view or if the counts are incorrect please do let me know. Thank you.

DYOR
Ocean

A quick p&f update daily chart



DYOR...
Ocean