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TOPIC: GKN

GKN 27 Aug 2013 21:37 #1

  • deadcatb0unce
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maybe worth a watch if continues to fall??
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GKN 24 Apr 2013 10:47 #2

  • Jackozy
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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:

GKNdaily24_04_13.gif


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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GKN 15 Apr 2013 11:08 #3

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this could start to move shortly
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GKN 11 Apr 2013 08:28 #4

  • 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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