GKP

Hi Count,

IMHO Deutsche Bank's stabilisation will have no affect on the TA as it's being done in between two short term key levels - ie 108p and 97p. It's basically range trading on a short term basis which happens all the time.

This needs to break 108p for further highs or 96/7p for lower lows in the short term.

IMHO there is no clear higher low on the daily chart yet so we can't confirm that an initial high has been put in at 108p.

Just my view.

I am unsure whether the SP stabilisation by Deutsche Bank will interfere with chart data and should be ignored until it is confirmed that DB is no longer artificially controlling price range. What do you advise Remo, Steve?

Hi all,
do you think we reached 1 of 123 low at 108.96 yesterday, now heading down to 2?

thanks

not-just-anytradr,

Over the years there have been many posts on the iii Charts View PBB that advocated that something very positive would be announced very soon.
Remo's view was that if your information was correct it was great but if it was wrong he would boot the culprit out temporarily or maybe permanently.
I am long on GKP so I "hope" you might be correct.
But looking at the SP and the charts one would have to seriously question the honesty of your post.
This is a private website.
I think you have to give more details or withdraw.

Looking at this link there is already an agreement to export up to 100,000 bopd.

www.krg.org/a/d.aspx?l=12&a=51222

They are waiting for repairs. The real question is "When will GKP start to receive regular payments?"

98.50p tells me it will not be soon hence the Bond offering.
Apologies if my post seems a little hard but its important that all posts have some kind of credibility.

Good luck with GKP. Once they start to get paid for the oil it will move up for sure.

If you knew how often this has gone back and forth with agreements about to be made.... and then repudiated...they will be and who knows maybe tomorrow.... but not holding breathe. But nothing will simply trigger independence. Its a major step which the KRG are not financed for and would be against current US policy.

Do you have a chart to back that up?