GKP

Hi Diver,

All the best to you and yours too!

My count is slightly different in the detail but generally I have the same sort of conclusion. It's bang on the uptrend from the 87p low as I type and the main uptrend support is at c. 139p - that really needs to hold or your 114p (or my 87p) become a harsh reality.

I still think the count works best as a double or triple (in progress) though...

Chart says it all really;


uk.advfn.com/p.php?pid=chartscreenshot&u...buMgSiteASIn6CKgCq98

F4T

I'm still lurking in the background for 141...unless we clearly get back above 171 then that seems a good entry area?...as always you never know with gkp!





why I think 171 must be recovered quickly or down to 141 (ready from big number 150 though)

Will be interesting if we break 160 as once the long term 2009 trend line support is broken it can only spell doom. In that case I doubt 140 will hold as a new game is in play.

F4T

The main trend line is at 140 area. So that's the best level to go long on first attempt only.
Id say it's heading towards that level.So there's multiple supports around that area so it should be
strong support.

Closer view of supporting trendline originating summer 2009 (see previous post for full period). We are bang on it right now. We might sit at the low 160's for a bit IMO.

uk.advfn.com/p.php?pid=chartscreenshot&u...wtakQIinYqgeMJgnjAGw

F4T