GKP

Hi TF,

This is closer to the buy price you mentioned around 220.....
Do you still think it's worth buying more at this price?

Thanks G

Trendfriend wrote: gkp - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...VzGwRWBzZr%2F%2Fo%3D

Hi Paitech.
Amazing to think this was only 50p not so long ago!
You have a huge holding here. well done!
We all know the history of this company.
Those who banked at the highs did very well....those who didn't probably lost money!
The current situation on the chart...nicely in a very long term up trend channel.

Buyers should wait to to see if 220p area happens!
for sellers the top of the channel is the place to bank

tbh Paitech...i don't think your going to sell! not yet anyway!
please dyor and make a call Paitech....Oil may well stay high for a while...so good luck whatever you decide to do.

atb, wdik, dyor,
trendfriend

Its difficult to make sense of any TA when news could over rule any of it

backdrop to the Baghdad ruling:

www.kurdistan24.net/en/story/28683-Iraqi...of-Natural-Resources

Latest instalment (Released Today - 04th July)

www.nrttv.com/EN/detail6/3875

This Sabre rattling has been going on for some months now...it won't have helped the sp that is for sure.

Hi TF thanks for your analysis and comments. Yes, I hold from 2009, and I was on huge profits when it hit 400p+.But the chatter were of a takeover at 800 to 1200p, so I did hold and rest is a history..
I bought in heavily when they had an offer at 83p I think, but couldnt buy into my wifes account as short of cash and risk of putting too much funds in same company.

If I had bought 10k£ worth at 50p, I should be out when it hit 300p with breakeven. But then again, high risk of ISIS etc in kurdistan region etc... hold me back...

Only plus point is the huge amount of dividends I am collecting in my ISA...
So I may have to buy in slowly to average down in the hope of getting out... but not sure how risky play is that....
average is almost double of current price...
THanks for charts and comments
Happy trading...

gkp - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...VzGwRWBzZr%2F%2Fo%3D

Hi Paitech.
Amazing to think this was only 50p not so long ago!
You have a huge holding here. well done!
We all know the history of this company.
Those who banked at the highs did very well....those who didn't probably lost money!
The current situation on the chart...nicely in a very long term up trend channel.

Buyers should wait to to see if 220p area happens!
for sellers the top of the channel is the place to bank

tbh Paitech...i don't think your going to sell! not yet anyway!
please dyor and make a call Paitech....Oil may well stay high for a while...so good luck whatever you decide to do.

atb, wdik, dyor,
trendfriend

TF pls give your thoughts on the charts and targets pls....

I am not sure to buy in more to average down to get out!!!
ta G

Guys, I want to add more GKP to lower my average ,but not sure....even at 240s in May would have been good price...
but very hesitant....
Not sure where its heading now since its broken out of the channel

350--> 420-->510?

My charts attached....