GKP

This is slowly approaching the important level at 166.375...

A break above 166.375 and this should
signal a rally. This should also signal a
move back up towards 190 area and
give a higher high.


dl.dropboxusercontent.com/u/4899609/gkp9thjuly.png

Getting close to the important level...one to watch for a potential breakout...
I suspect that if 166.375 gets broken then this may explode out..It will mean a comfirmation of a new up trend.
Ive got an order to go long from 167 with a 10 point stop...Ive also have positions from lower still so this will be adding to them..



dl.dropboxusercontent.com/u/4899609/gkp11thjuly.png

Nice to see this finally breakout this morning.

A finish above the 200sma would be a touch.

its was inevitable....BIG UP !!

Just wondering if peope use guaranteed stops.I only ask because if the court case is less than favourable for gkp then a large gap down could occur.

roxalana wrote: Just wondering if peope use guaranteed stops.I only ask because if the court case is less than favourable for gkp then a large gap down could occur.

Good point Roxalana,

I'm sure the veteran traders (Remo, Jackozy, WaveSurfer, et al) use stops with their trades - that's why they are successful.

With GKP, I actually hold shares (yeah, an ol' timer), so holding on!