Monthly Forecast for Gulf Keystone (September 2018)

Share On Facebook

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.

 

Trading realities: Trading realities 

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191021 21:26:39