Monthly Forecast for Gulf Keystone (September 2017)

Gulf Keystone stock (LSE:GKP) has been making serious bullish efforts in recent times, especially since August 2017. The bullish journey has already started.

The ADX period 14 is above the level 50, suggesting a very strong momentum in the market. The DM+ is above the DM-, meaning that bulls are currently reigning. The MACD default parameters, has both its histogram and signal lines above the zero line. There is Bullish Confirmation Pattern in the market and further rally is a clean possibility.

Gulf Keystone may reach the supply levels at 130.00, 140.00 and 150.00 within the next few trading months.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Traders’ Mindset: Traders' Mindset

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

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