GKP

yep...87 is the area that could get targeted .
This down turn is not over for gkp . So best not to top up from current levels. Just wait for a 123 low to form to give you the green light. The best level to go long on GKP now is 87 on a first attempt basis.
This had an evil gap down today. ive noticed when shares do a bit of recovery and leaves a long tail after a gap down there could be a chance that the low of the tail could get tested over the next few days. So dont rush and buy. Just wait for a good support level if you wanted to buy and that level is 87 but you still need to have a stop in place.


dl.dropboxusercontent.com/u/4899609/gkp13thmarch2014.png

Where to now? 87p?

www.investegate.co.uk/gulf-keystone-petr...201403130701092123C/

Uhmmm....not sure that's what investors were expecting...

Cheers Remo posts crossing as I typed ....


Tight Lines

Just answered it myself I think, if we are lower today then we must be still in wave 2 and wave 3 is to come as long as 143 does not get taken out.

Yep its still in play but will be invalid if the price goes below 143.
The buy signal has not come yet so should be sitting on the side fence for the time being.


dl.dropboxusercontent.com/u/4899609/gkp11thmarch2014.png