GKP

Andrew2013 wrote: Hi wave surfer/remo/jacko if we see 179/83 taken out where would you see a realistic target , I'm currently long 168 .

Regards

A finish above 190 should open up 245 as a realistic target.
This has already broken 123 low formation from the recent down trend from the 245 high. So now looks like the correction maybe over. This has also finished above the short term down trend so that backs this up.


dl.dropboxusercontent.com/u/4899609/gkp9thdec.png

GKP has been going side ways for nearly 2 years now so hopefully back towards the top of its range 260

Hi wave surfer/remo/jacko if we see 179/83 taken out where would you see a realistic target , I'm currently long 168 .

Regards

updated weekly & monthly view.

short term needs to hold abv 173 and take out 179 n 183 for momentum to upside.

Monthly:



dl.dropboxusercontent.com/u/40497882/GKP_Monthly_Nov_Dec13.JPG

Weekly:



dl.dropboxusercontent.com/u/40497882/GKP_weeklyDec13v1.JPG


all the best.

WS

Lol I mentioned on chat on friday a big move is coming either from last Friday or early as Monday today, no idea abt news...just based on chart. Could it be

Lol! Just when charts say a rise needs to happen here we go: www.investegate.co.uk/gulf-keystone-petr...201312090700139803U/

And here's the chart with one of Wavesurfer's pitchforks on it:



dl.dropboxusercontent.com/u/20815047/FTS...GKPdaily07_12_13.png

maybe ?

lets see how it holds up, plenty of work to do, needs to get abv 166, 173, 179 n 183 to get going.

161/159 important to hold short term



dl.dropboxusercontent.com/u/40497882/GKP_WeeklyNov13.JPG

upclose



dl.dropboxusercontent.com/u/40497882/gkp_weeklyNov13Upclose.JPG

regards WS

Jackozy wrote: To be balanced, there's a possibility that it's a bear flag that's forming despite the bullish candles.

Just thought I'd throw that in for fun as Devil's Advocate!

Any other views?