GKN Share Discussion Threads

[leeson31] 02/10/2014 18:08

Closed at low again, looks like sub 3quid tmrw, perhaps ~297p.. Will it rise intraday though to leave the much awaited chart spike?!

[philo124] 02/10/2014 18:04

It's a bummer whatever.

[sjc] 02/10/2014 17:08

Interesting chart, decline may stop at 2/3rds 50% of previous move up from 1/3rd
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[matt123d] 01/10/2014 20:01

Below the triangle now so it either gets back inside or it's an expansion to the longer term triangle.

[leeson31] 01/10/2014 16:45

another day finishing at the days low, stil waiting for an intraday turnaround for a spike on the daily candle chart.. maybe tmrw.. imo this will hit ~304p tmrw.. just a caase of 'wil it rise after that?' for capitulation process.

[matt123d] 01/10/2014 08:12

Slight lower low and a hammer 15, 60 if you're aggressive. Personally not interested in longs here though.

[leeson31] 01/10/2014 07:25

lol.

i was going by statistics/probability that after GKN being in a medium term downtrend for ~9 full months (as of today) that it'll rise now...

the PE has dropped too...

just waiting for that spike-down on the daily candle.

cheers

[badmumba] 30/9/2014 23:17

Howde Leeson , i don't do such complicated charts as you experts ,in fact if you look it's been in a downward spiral for 6 months with bounces all the way . Good solid company though and that usually helps, although i'm long on BOK and down at the mo .
Bought in MONI today 165000 shares at 30.25 , if i get stopped out i shall blame you :))..

[matt123d] 30/9/2014 23:07

Maybe tomorrow morning will give the capitulation long entry after a bearish close in the US. Probably look for the first hammer 60 or inside 60 up provided the entry is above the days open as that will give a green monthly candle but will still be in conflict with the week.

[leeson31] 30/9/2014 19:35

I thought todays candle formation was bearish badmumba... Im looking to pop a long on, but just waiting for more of a bit of a capitulative intraday drop and reversal... Cheers

[badmumba] 30/9/2014 19:28

You got your charting about right so far matt ,good call .
I have gone long today ,hoping for a bounce back to the 340's at least.

[matt123d] 30/9/2014 16:05

Covered a lot this afternoon. May see some sort of oversold bounce from here.

[matt123d] 30/9/2014 08:35

Coming into the 318p triangle now. Last nights Ford statement helping the cause.

[matt123d] 25/9/2014 17:48

Today's candle and triangle rejection highlights why the monthly candle direction should be obeyed as ultimately that's who's controlling the stock.

[sjc] 25/9/2014 10:27

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[sjc] 25/9/2014 10:20

Good entry point yesterday imo
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[matt123d] 23/9/2014 21:17

Closed below prior months low. 324p & 318p triangles.

[matt123d] 23/9/2014 10:48

Test of 336p vwap then the triangle expansion to decisively take out 332p.

[matt123d] 23/9/2014 09:40

It's just walking down the triangle inside last months range. Below 332p and this looks a good short setup. A triangle expansion targets 310p area.

[cockneyrebel] 23/9/2014 09:33

Keeps bouncing of the same intraday low levels imo.

CR

[bigbertie] 19/9/2014 10:43

The distraction of Scottish Independence has gone for now, but the effect on the share price is not all beneficial. Stronger pound will impact results in Sterling.

[cockneyrebel] 18/9/2014 14:29

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Bottoming out?

[cockneyrebel] 18/9/2014 07:34

Worth having a read of what Trifast say today imo.

CR