GKP

GM SirRichardBunson

My observation is that there is one [over ambitious ] target which often is not met, and non met target does not always come off the chart, likewise even if the target is met it does not always come off for instance 55.26, 45.99 and 43.14 all these target were met and are still being displayed.

The short answer is I don't know if the 28.6 target will ever be achieved or if not achieved will be erased. For this reason it would be wise to combine methodologies, hence I posted 2 different charts. I could be very wrong but this was my conclusion yesterday.

BW Ocean

Thank you Ocean10 for taking the time to put that together , much appreciated, one quick question for you ,,, when does the 28.06 possibility come off the table as far as P&F is concerned

While waiting for ft, I hope you don’t mind me giving my interpretation! Last week a bullish candle was noted which retraced to 61.8% Fib. RSI divergence also observed which may indicate a reversal.
P&F Daily chart suggests that if we break the 55.04 level we are likely to see 129.84, if one chooses to take a long position presently rather than wait for the 55.04 breakout a stop loss of 48 can be an option or a more conservative stop loss of 45 should be considered. Of note a target of 28.6 is also active should we get below 45.08.

DYOR, this is not a recommendation to buy or sell any financial product.

GL Ocean

Hi ft ,,, Im not an expert on P&F so could you please be as kind to give me an interpretation of what your current charts are saying please ,,,,

Good evening to you M,
I am good thank you. I tried to live without Updata, I had a little fall out with them, but relented simply because of the P & F! Its a ridiculous how good it is. I am still amazed that the P & F gave the the target of sub £1 from the drop at £4.50. Whilst I thought it might be messy, I did not believe the P & F targets! The Weekly Chart gave 32p! I still think it is crazy that 3 years ago it could give such an accurate target, (assuming this is the bottom!)

Onwards and upwards hopefully for GKP!

Wishing you well

ft

Ahhh Updata, how I miss it! Thanks for the post ft.

Long time no see. How's things?

M.