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GKP
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4 years 11 months ago - 4 years 11 months ago #17492
by Trendfriend
Replied by Trendfriend on topic GKP
gkp - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...bMxgvJ/8huVmVFPkXjc=
i would say a little caution with this now in view of how the rsi has developed. The rsi is making lower highs and lower lows....
The price currently seems to be struggling to get above the 20 day ema line...so this could be a hint to more down imvho....
I think wait for 183p for a sign of renewed strength or keep tight stops...if entering around the 160's.
a break below that area and we could see 130's again imvho....
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...bMxgvJ/8huVmVFPkXjc=
i would say a little caution with this now in view of how the rsi has developed. The rsi is making lower highs and lower lows....
The price currently seems to be struggling to get above the 20 day ema line...so this could be a hint to more down imvho....
I think wait for 183p for a sign of renewed strength or keep tight stops...if entering around the 160's.
a break below that area and we could see 130's again imvho....
atb, wdik, dyor,
trendfriend
Last edit: 4 years 11 months ago by Trendfriend.
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4 years 11 months ago #17491
by Paitech
Really tempted to buy at 166p on the trendline...
oil looks bit down too...
ta
G
oil looks bit down too...
ta
G
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4 years 11 months ago - 4 years 11 months ago #17473
by Trendfriend
Replied by Trendfriend on topic GKP
gkp - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...8IiPRf+N4p7rrZNtEDM=
Yep that 250p target is still on and i think it will get hit imvho....as per the chart on 11 feb.
that doesn't mean it won't drop off a tad first
That candle on Friday wasn't ideal....and the rsi has stalled again on a dec resistance line....
so unless it breaks out of that rsi line....maybe a drop towards the 20 day ema line....before up again?
lets see...
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...8IiPRf+N4p7rrZNtEDM=
Yep that 250p target is still on and i think it will get hit imvho....as per the chart on 11 feb.
that doesn't mean it won't drop off a tad first
That candle on Friday wasn't ideal....and the rsi has stalled again on a dec resistance line....
so unless it breaks out of that rsi line....maybe a drop towards the 20 day ema line....before up again?
lets see...
atb, wdik, dyor,
trendfriend
Last edit: 4 years 11 months ago by Trendfriend.
The following user(s) said Thank You: Paitech
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4 years 11 months ago #17472
by Ronmould
Wish I’d bought back at 50p, Could have recouped some of losses from them!
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