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GKN

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13 years 1 month ago #7636 by deadcatb0unce
Replied by deadcatb0unce on topic GKN
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maybe worth a watch if continues to fall??
The following user(s) said Thank You: ronnie

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13 years 6 months 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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13 years 6 months ago #5333 by deadcatb0unce
Replied by deadcatb0unce on topic GKN
this could start to move shortly
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13 years 6 months ago #5277 by diver993
GKN was created by diver993
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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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