GKP

Sold at 21.6p

Looks like this got saved by the news today....only delays the inevitable imho..
Weekly GKP chart....
Same old GKP, has'nt changed at all, all sorts of bull and bear trap breakouts everywhere...
you can see i had to use my imagination when i was drawing those trendlines!!
Anyway this is the channel it's been in most of this year....gives a target 14.5p atm....
I think it will get hit in the next week or two...but lets see..
No bullish signs thus far, and unless we get a RSI breakout, or a move above the 20 day sma, it will stay that way.

Paitech you make it look easy.... GKP's not for the faint hearted...that trade could have gone either way imho..but must say, well done on closing with profit...

Regards,
Trendfriend.

TF I hold a huge amount, above 100K shares, at a very low price, which is my long term investment, as its all in ISA.
Todays was just get in and get out... make some £££ while at work.
Good luck ta
G

Just seen this.... GKP's got a gap from Aug 2009. the bottom of which is at 14.25p??
Which is around the figure i think this is heading to...

Coincidence?? possibly....

Regards,
Trendfriend.

Ive just bought at 16.25

Lets see if it bounces from around this mark?

Nice one..am off today...n was watching it.
Bought 20K shares at just at 16p.
Shall sell around 18 or 19p
Ta
G