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Friday, May 4, 2018

Monthly Forecast for Gulf Keystone (May 2018)


Gulf Keystone stock (LSE:GKP) has become a really bullish market. Price has been going upwards since 2017, and this is just the beginning.

The ADX period 14 is at the level 50, showing a strong momentum in the market. The DM+ is above the DM-, meaning that bulls are reigning.


The MACD default parameters, has its signal lines and histogram far above the zero line. There is a clean Bullish Confirmation Pattern in the market.

Gulf Keystone is expected to go further upwards this year, reaching the distribution territories at 200.00, 220.00 and 240.00.


Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

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