GKP

Nice high base, could breakout

Hello guys,
What are the thought on gkp please?
I see heavy resistance at 182p.
Want to buy some .... comments welcome
Ta.G

here is a monthly chart of gkp.
lowest this has been is 4.55.
There is no buy signal on this .


dl.dropboxusercontent.com/u/4899609/gkp24thjanuary2015.png

Well it's not surprising with oil and main markets moving down to see GKP also move down.
maybe its an idea to look back to see where this could find some support....
Just for info only, the lowest this has been historically, (from what i see anyway) is around 5p!!
Strong support as well at 10p area. but i think 10p will eventually break down, making 5p the area to snatch a few of these and hope!!!
chart from 2009

Regards,
Trendfriend.

Perhaps Remo needs to make a new "gambling" forum?!

I'm personally staying out of this share from a trading point of view. Already lumbered with my existing shares!

I don't see anything special or bullish here atm....
Except we could have had a exhaustion candle yesterday, but this needs to be backed up with some kind of bullish breakout....trenndline or even rsi....to see a short term bear market rally.

ATM, this is more likely to go down than up imho....as the trend is still down.

Regards,
Trendfriend.