GOK is BACK

I know at least one member has been long this trade since it was on the "LIMIT LIST" in late August. I posted this reminder the next day to hopefully get you to put these trades on watchlists with alerts as you can't watch them all, but when the limit is triggered, you'll know in your email.

Now GOK is looking as if it may be set to break out of a wider base. Take a look at the charts and don't forget to set those alerts.

 GOK looked like a base being formed and had an excellent 3C daily positive divergence which has only turned out to be a fantastic looking divergence and base. The little triangle is where out long limit order was. The next day it was up huge. It has also traded very orderly in a nice trend.

 Here's the current gain since late August +132%

Here's a linear regression channel with settings you can use. There's 3 possible entries or a combination of the 3-all are at the green squares.  If you note the red trendline, we have a huge "U" shaped base, the breakout point is around $9.50. One entry is a breakout of 9.50, you can add to it if it tests $9.50. The two most likely outcomes are a breakout is either a straight breakout with no pullback, or a run close to $9.50 then a pullback to one of the two lower green boxes on the linear regression line. With so many possibilities, phasing into this trade could be a great tactic.  The base suggests a measured target of at least $15.25

If you are interested in the trade, feel free to email me for options that may ft with your tactics.