GKN

deadcatb0unce
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12 years 8 months ago #7636 by deadcatb0unce

Replied by deadcatb0unce on topic GKN

maybe worth a watch if continues to fall??

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Jackozy
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13 years 6 days ago #5522 by Jackozy

Replied by Jackozy on topic GKN

This formed a perfect shooting star at long term resistance of 285 in early March and has since retraced 50%. It's now formed a 123-low and then a trendline breakout with a backtest today:

dl.dropboxusercontent.com/u/20815047/GKNdaily24_04_13.gif

Bear in mind that this could be a wave B up so I'll be waiting for either a break of 291 or a drop to the next trendline which stands at 233 today.

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deadcatb0unce
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13 years 2 weeks ago #5333 by deadcatb0unce

Replied by deadcatb0unce on topic GKN

this could start to move shortly

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diver993
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13 years 2 weeks ago #5277 by diver993

GKN was created by diver993

This has possibilities. Stop would need to be above 291.20 at this point, or wait and trade the C wave down to 153. DYOR.

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