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Saturday, July 14, 2018

Monthly Forecast for Gulf Keystone (July 2018)


Gulf Keystone stock (LSE:GKP) is a bull market. Price has been going seriously upwards since March 2018, and that is just the beginning of what will turn out to be a long-term bull market.


In effort to make new highs, price has recently broken the upper Trendline to the upside, going further and further upwards. The RSI period 14 is above the level 70.

While there could be some instances of transitory pullbacks along the way, GKP is supposed to continue going upwards, breaking one resistance after the other.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

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