Now the SHORT TERM bullish trend is still intact. Until 89.75p is broken it has not been confirmed as a reversal. There is a gap at 68p, it may or may not get filled - it still does not change the fact that the trend for now is bullish, the ascending trendline sits where the gap is so it's definitely a possibility to consider. The first upside target will be a break of 86p and may only manage 87p (50% fib extension) until a retrace. 87p has been a significant support/resistance point for GKP over the years. The next upside target is above that at 92p which is also a fib extension target (61.8%) as well as the 200 day moving average - exponential and simple are sitting pretty much in the same place. I have included the fib retracement points for the complete move from 42.25p - 85p.
and most cetainly the bod must learn that comunication to the open boards should be more acurate and part of that should state via a link whether deals have been done or we hope that they are in progress so we dont end up like last week with a bloody mess.a consistant and steady rise is what all investors should be looking for all inmyopiniononly
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