GGP 0.00% 0.6¢ golden gate petroleum ltd

one to watch, page-40

  1. 2,472 Posts.
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    All jokes aside norsca, my TA as follows...

    We have strength coming in on the weekly chart, looking for an up bar this week for confirmation.
    I started buying heads again this week after last weeks bar.

    I have a trend break on a close of 1.5c or higher.

    Minor supply @1.9c but it's 2.4c that worries me as we got smashed with supply selling a couple of months ago at this range.

    IMO there will be more potential supply @ 2.4c than what we will see at the 52 week high of 2.8c, therefore again IMO if we see a confirmed break of 2.4c then 3c - 3.4c is the next potential supply range.

    Some low vol intra day tests of supply is evident so look for a break in the next few trading sessions...


    Good luck guys, will post a few charts when I return home Saturday...


 
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