GKP

Honestly, one couldn't make this up today
What next a blue close?!?!?!

uk.advfn.com/p.php?pid=chartscreenshotsh...RBms=&symbol=L%5EGKP

Trendfriend.

hi rich
yep its around that area...49.43
The big move today was purely news driven and charts cant predict this in advance unless there was insider dealing.
you can see that the triangle line was the resistance today and it needs to clear that line for higher prices.The price did finish above the main down trend line so this itself shows the bulls are in control.The price has to stay above this trendline over the next few days to confirm a potential new trend.
The best way to enter this is via a 123 low breakout still so wait for that signal to form.
Just be careful with this share as it can move wildly.

SirRichardBunson wrote: Ronnie on your more accurate system ,,, could you please give me the t line back test point please ,,,, I have it in the 49.80 area ,,,, many thanks for your help

Hi guys

I would love to hear your TA thoughts, especially my idol F4T.

All the best

But will it close above, is the big question for the next hour?????

Certainly going to be more interesting times with GKP over the coming days/weeks

CT79

Ronnie on your more accurate system ,,, could you please give me the t line back test point please ,,,, I have it in the 49.80 area ,,,, many thanks for your help

Broken its main down trend-line