GKE Corp

gke

GKE has broken out of its downtrend line and is on our watchlist. The volume wasn’t as good as we hope for it to be hence we are watching it for the next few days to see if it can sustain above the downtrend line.

Our entry could be from 0.182 -0.183 with an upside target of 0.194. We can see that at 0.185 there is some resistance but it should be able to clear it if volume comes in.

Our stop loss would be about 0.170. So we would manage our trade size for this trade.

Yours

Humbly

Kelwin&Roy

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One thought on “GKE Corp

  1. […] GKE Corp ran up today after we mentioned it last night. Using simple technical analysis and a trendline  which we drew for all to see last night yield quite a positive result. It does take some time to learn to draw those trendline but we’re happy to teach..Volume came in around afternoon and it broke past the horizontal resistance of 0.185. […]

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