{"id":1064,"date":"2019-07-08T22:48:06","date_gmt":"2019-07-08T21:48:06","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1064"},"modified":"2019-07-09T08:44:06","modified_gmt":"2019-07-09T07:44:06","slug":"gulf-keystone-for-9-07-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/07\/08\/gulf-keystone-for-9-07-2019\/","title":{"rendered":"Gulf Keystone for 9\/07\/2019"},"content":{"rendered":"\n<p><strong>#GOLD #NASDAQ <\/strong>Our report on Gulf Keystone last October (<a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2018\/10\/03\/trends-and-targets-for-3-10-2018\/\">link  here<\/a>) proved an exercise in futility. The share price has utterly failed to  trigger any upward moves, instead is teasing with threats of some coming  reversals. As the BLUE downtrend highlights, an impressive effort is taking  place to stop it going up!<\/p>\n\n\n\n<p>At present, trading around 221p, the price needs \nactually CLOSE a session above 234p before we dare make an assumption of some \nprice recovery commencing. Such a trigger event should prove capable of an \ninitial 257p. If bettered, secondary calculates at a longer term (and game \nchanging) ambition of 284p. Visually, there&#8217;s a pretty firm threat of 284p, if \nachieved, forming some sort of glass ceiling at some point. There&#8217;s little doubt \nthe market has placed some sort of importance at this sort of level and if we \nplace safe, allocating above 300p as a sensible trigger level for long term \nrecovery will make sense.<\/p>\n\n\n\n<p>Unfortunately, more likely appears trades below 215p \ndriving the price down to 203p initially, along with some sort of bounce. It&#8217;s \ncritical, if 203p breaks, to remember our secondary calculates at 178p.<\/p>\n\n\n\n<p>There is a really big problem, if the share price makes \nit below 165p in the future. While we can calculate 125p as a drop target, it \nwould be worth remembering the share has entered a zone with a logical bottom \ndown at 35p.<\/p>\n\n\n\n<p>For now, thanks to its lack of activity in heading \nupward, we fear the worst for GKP&#8217;s future.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/gkp090719.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/images\/specialoffer.gif\" alt=\"\"\/><\/figure>\n\n\n\n<TABLE BORDER=2>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/TD> <\/TR>\n<A name=\"FUTURES451\"><font size=\"2\">FUTURES<\/font><\/a><TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:52:19PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">63.83<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:54:33PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1395.78<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1391<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1386<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1379<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1405<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1408<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1411.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1420<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1391<\/font><\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:56:31PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7551.98<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:11:02PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5586<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:12:53PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12503<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:15:22PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2974.72<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:17:20PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">26794.4<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:27:34PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7780.15<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7764<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7749<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7714<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7804<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7833<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7855<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7889<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7770<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:29:09PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21594<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n<p>&nbsp;<\/p>\n<H5> 8\/07\/2019 FTSE Closed at 7549 points. Change of -0.05%. Total value traded through LSE was: \u00a3       5,391,926,920 a change of 14.22%<\/h>\n","protected":false},"excerpt":{"rendered":"<p>#GOLD #NASDAQ Our report on Gulf Keystone last October (link here) proved an exercise in futility. The share price has utterly failed to trigger any upward moves, instead is teasing with threats of some coming reversals. As the BLUE downtrend highlights, an impressive effort is taking place to stop it going up! At present, trading &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/07\/08\/gulf-keystone-for-9-07-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gulf Keystone for 9\/07\/2019&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1064","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1064"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1064\/revisions"}],"predecessor-version":[{"id":1065,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1064\/revisions\/1065"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1064"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}