ZAK MIR VIDEO BLOG ON BULLETIN BOARD HEROES: Quindell, Gulf Keystone and Sound Oil

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Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors.

Here are the key points from today’s video:

Quindell (QPP)

Major October price channel based at 18.75p currently.

April double bottom rebound off price channel floor.

Resistance at 20 day moving average initially.

Ideally, bulls get a break of the 200 day moving average rising at 23p.

Gulf Keystone (GKP)

Basing attempt after March breakdown from 160p plus.

Key 50 day moving average resistance at 96p.

Resistance towards 110p – 120p is the target on a 50 day moving average break.

Sound Oil (SOU)

Significant trend change opportunity.

V shaped bull flag above 200 day moving average.

Implied technical target as high as the July price channel top of 18p.

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