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11 years 4 months ago #11585 by KoolKeith
Replied by KoolKeith on topic GKP
F4T - No problem - Just didn't want holders getting scared when I know such a pattern can reverse quickly as it has already. As you said, the time to buy was below 50p. ;) Favouring my first scenario now, with the EW count.

GLA
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11 years 4 months ago #11586 by KoolKeith
Replied by KoolKeith on topic GKP
...Actually, not too disimilar to Diver's chart.

screencast.com/t/F79ilHjSUVRc

Laters.
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11 years 4 months ago #11587 by Food4Thought
Replied by Food4Thought on topic GKP
Nice call KK. Well, a bit of everything this morning. Island reversed as you noted it might, but I was glad to see it form anyway as it looked likely from my analysis.
Key for bulls is that the downside gap closed. If this had stayed open it would have proven very stubborn on the next rise, as we have seen with the other upside gaps.
I fully expect this to drift now down to my targets as interest wanes but the downside gap close opens up both ways as being possible. I expect indices to have one more dip before a rise into year end. It this happens it should give stocks some impetus.

Will post again when we meet another crossroad.

GL
F4T
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11 years 4 months ago - 11 years 4 months ago #11590 by KoolKeith
Replied by KoolKeith on topic GKP
Things going to plan here. Bounced off ascending trendline.

screencast.com/t/ZXtnpTo5IulH

GLA
Last edit: 11 years 4 months ago by KoolKeith. Reason: bad spelling!!!
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11 years 4 months ago - 11 years 4 months ago #11591 by Trendfriend
Replied by Trendfriend on topic GKP
85p the key level... some way from there atm, but making progress, so lets see.

If it can break 85p, will race to 100p area very quickly imho.

Regards,
Trendfriend :)
Last edit: 11 years 4 months ago by Trendfriend.
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11 years 4 months ago - 11 years 4 months ago #11594 by Food4Thought
Replied by Food4Thought on topic GKP
uk.advfn.com/p.php?pid=chartscreenshotsh...FE%3D&symbol=A%5EAPT

Downtrend still intact.
Close above 75 TODAY is key for bulls. Next upside resistance at 81, then 85, 89.75.
Break of trendline / SMA's at 64 key for bears. Next downside support at 59 then 50, 42.25.

Have a nice weekend all.
F4T
Last edit: 11 years 4 months ago by Food4Thought.
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