Gulf Keystone Petroleum Ltd (GKP)

 

Trends and Targets for 14/02/2018

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The AIM Market (FTSE:AXX) As we enter the Chinese Year of the Dog, one (we suspect like every Chinese year) which will be blessed with luck and good fortune, a look at the AIM market appeared a good idea. Unfortunately, there's quite a lot not to like about the AIM, currently.

It's probably worth mentioning though, while the FTSE appears to be on a path toward 6,800 points, the last six sessions have failed to actually depress the market and the AIM illustrates similar behaviour. The immediate situation with the AIM is, similar to the FTSE, a little weird though thankfully presenting a more logical picture - a sentence we never expected write about the AIM.

Currently trading around 1016 points, the AIM index only need better 1021 to point at coming miracle recovery toward an initial 1032 points. Secondary, if such a level is bettered, calculates at 1060 and suggests a coming challenge against the downtrend which dates back to the year 2000!

This is liable to be quite a big deal.

Once the AIM actually trades above this downtrend, we're now showing an initial 1134 point ambition with secondary a longer term 1555. In this territory, it implies some life changing potentials against many AIM constituents.

Now for the however.

Just as the AIM does not actually require much effort to imply growth, equally it need only weaken below RED at 1005 points to stray into a zone where a drip down to 950 looks very possible. Secondary, if/when broken, calculates at 903 points. Broadly speaking, a visit to the 950 level will equate with the FTSE smacking itself down to the 6,800 level. Perhaps more importantly, while neither drop potential is particularly game changing, the visual implication is of the market simply slowing itself down rather than "doing a BMR". The AIM market requires below the dashed RED line, currently 735, to imply purchasing running shoes rather than AIM shares would be a good idea.

Chart goes here

FUTURES

 


Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

--

10:42:42PM

BRENT

62.4

               

'cess

Dn

10:45:30PM

US CRUD

58.83

               

'cess

Dn

10:47:30PM

GOLD

1329.98

               

'cess

--

10:49:55PM

FTSE

7204

7136

7132.5

7105

7199

7210

7223.5

7244

7160


--

10:52:28PM

FRANCE

5132.5

               

--

10:56:33PM

GERMANY

12262

               

'cess

UP

10:59:23PM

US500

2663.99

               

--

11:03:10PM

DOW

24659

               

--

11:06:46PM

JAPAN

21182

20901

20835

20542

21070

21245

21373.5

21529

21048

Success

SUCCESS above means both FAST & SLOW targets were met. 'CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today's updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

 

We can be contacted at [email protected] Spam filters set to maximum so only legit emails get through...

 


Section One - Outlook Updated Today. Click here for Section Two - Outlook Remains Valid shares

Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:CBUY Cloudbuy** **LSE:GKP Gulf Keystone** **LSE:HL. Hargreaves Lansdown** **LSE:IPF International Personal Finance** **LSE:KAZ Kaz Minerals** **LSE:NG. National Glug** **LSE:PMO Premier** **LSE:QFI Quadrise** **LSE:RMG Royal Male** **LSE:RTHM Rythm One** **LSE:VOG VICTORIA** **LSE:ZOL Zoldav** **

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Updated charts published on : British Telecom, Cloudbuy, Gulf Keystone, Hargreaves Lansdown, International Personal Finance, Kaz Minerals, National Glug, Premier, Quadrise, Royal Male, Rythm One, VICTORIA, Zoldav,


LSE:BT.A British Telecom Close Mid-Price: 225.85 Percentage Change: -1.97% Day High: 231 Day Low: 225.9

Target Met. Continued weakness below 225 remains pointing at an initial 21 ........

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View Previous British Telecom & Big Picture ***


LSE:CBUYLSE:CBUY Cloudbuy. Close Mid-Price: 3.7 Percentage Change: + 17.46% Day High: 3.7 Day Low: 3.2

Despite what appeared an interesting day, this remains with the need to be ........

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View Previous Cloudbuy & Big Picture ***


LSE:GKPLSE:GKP Gulf Keystone. Close Mid-Price: 115 Percentage Change: + 0.52% Day High: 118.2 Day Low: 113.6

Movement managing to struggle above 118.2 remains pointing at 120p next wi ........

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View Previous Gulf Keystone & Big Picture ***


LSE:HL. Hargreaves Lansdown Close Mid-Price: 1640.5 Percentage Change: -2.61% Day High: 1687 Day Low: 1641

Target Met. Major oops moment here as it failed to bounce convincingly at ........

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View Previous Hargreaves Lansdown & Big Picture ***


LSE:IPF International Personal Finance Close Mid-Price: 185.9 Percentage Change: -4.81% Day High: 199.5 Day Low: 186.2

Ouch moment here as continued weakness below 185 indicates travel down to ........

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View Previous International Personal Finance & Big Picture ***


LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 798.2 Percentage Change: + 1.29% Day High: 810.4 Day Low: 791.2

Growth continuing above 811 remains with the potential of 821 next with se ........

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View Previous Kaz Minerals & Big Picture ***


LSE:NG. National Glug Close Mid-Price: 736.8 Percentage Change: -1.62% Day High: 751.2 Day Low: 737.9

As expected, weakness now continuing below 736 suggests 686 next with seco ........

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View Previous National Glug & Big Picture ***


LSE:PMO Premier Close Mid-Price: 70.55 Percentage Change: -3.42% Day High: 74.05 Day Low: 70.5

Weakness continuing below 70 remains pointing down at 68 with some fake bo ........

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View Previous Premier & Big Picture ***


LSE:QFILSE:QFI Quadrise. Close Mid-Price: 10.25 Percentage Change: + 12.64% Day High: 10.4 Day Low: 9.5

Target Met. This lot remains behaving contra to the rest of the market as ........

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View Previous Quadrise & Big Picture ***


LSE:RMGLSE:RMG Royal Male. Close Mid-Price: 536.8 Percentage Change: + 0.71% Day High: 541.4 Day Low: 532.4

Movements now above 542 still paint a picture of 559 next with secondary, ........

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View Previous Royal Male & Big Picture ***


LSE:RTHM Rythm One Close Mid-Price: 232 Percentage Change: -5.69% Day High: 250 Day Low: 224

Target Met. This is getting pretty nasty as below 224 points at 211 with s ........

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View Previous Rythm One & Big Picture ***


LSE:VOG VICTORIA Close Mid-Price: 30.05 Percentage Change: -11.62% Day High: 33.25 Day Low: 29.2

We expect continued weakness below 29.2 to still point at 28 with secondar ........

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View Previous VICTORIA & Big Picture ***


LSE:ZOLLSE:ZOL Zoldav. Close Mid-Price: 28 Percentage Change: + 16.67% Day High: 28.5 Day Low: 24

Now above 28.5 and it still appears 29.75 should make an appearance next. ........

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View Previous Zoldav & Big Picture ***


*** End of "Updated Today" comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:RBS Royal Bank Scot** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SGP Supergroup** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **LSE:VOD Vodafone** **LSE:WTG Watchstone** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

 

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

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