Monthly Forecast for Gulf Keystone (September 2018)

The prediction for Gulf Keystone stock (LSE:GKP) for last month has proven to be correct. This is a bull market, and it is supposed to continue being bullish.

In the chart, the ADX period 14 is at the level 30, which means the momentum in the market is strong. The DM+ is above the DM-, which shows that bulls have upper hands.

The MACD, default parameters, has both its histogram and signal lines above the zero line. There is a Bullish Confirmation Pattern in the market; and that signals possibility of further bullish movement in the market.

The outlook on Gulf Keystone is bullish.

 

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