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GKP

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1 year 1 week ago #18233 by remo
Replied by remo on topic GKP - Where its heading next?
This is looking really good now...Things are happening...once the oil starts to flow through the turkey pipeline this should move a lot higher....Fingers crossed ....
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1 year 1 week ago #18234 by AdeMcG
I still hold and have added over the years...all in the ISA, so let's hope this time it get to full value (£3.30 to £3.50 for starters when oil flows) then perhaps £5 Plus if M&A (BP now in the area) starts to take off.

Hold tight !
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1 year 4 days ago #18235 by remo
Replied by remo on topic GKP - Where its heading next?
fingers crossed for reopening..
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6 months 2 weeks ago #18272 by Paitech
I too keep asking the same question , since 2009... where is it heading next?

I got my average down to 330p, but that too looks too far... from here...

Would be nice to make at least 100% profit on this, for the patience i have shown for past 16 years !!!

Charts here, fingers crossed...

ta G

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6 months 2 weeks ago #18274 by Trendfriend
Hi Paitech,

I'm good thanks...Its been a while, hope your keeping well! :)

gkp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...eU9vxRGV1TZwdIbmcPo=

Your chart on gkp is pretty much on the money...this is in a nice long term up trend channel.
While in the channel look for the top of the channel around 240p area.

I always look for positives on all charts...on this there's one or two liitle things on the rsi that may be a sign of possible short term future downwards pressure.

The rsi is below 50, always a sign of weakness, also a slight rsi negative divergence and its also broken its support from around April.
If this breaks below the channel and the 200 day ema line....it could go short term lower...especially if it gaps below the channel...it may just hold the channel bounce back.
Any drop below the channel would be a good buying opportunity.

atb, wdik, dyor,
trendfriend :)
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6 months 6 days ago - 6 months 6 days ago #18284 by remo
Replied by remo on topic GKP - Where its heading next?


Agreement has been done with regards to pipeline being opened

This is big news as the pipeline has been closed for a few years and they could only sell to local market...Now they will be able to sell to international markets...Before ,when the pipeline was open,gkp was paying massive dividends and that should happen again....
Just to add.. this company has no debts ...basically gonna be a cash cow.. risk is.. kurdistan...Iraq...Very unstable region.. but gkp has been here for ages and know how things work..
Oil we start pumping tomorrow through the pipeline.
Share price has broken out of strong resistance area...Next resistance area is 268
Just to add, the price has to finish above the breakout point by end of day.
Last edit: 6 months 6 days ago by remo.
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